Under the Fair Credit Reporting Act (FCRA), what must a person who is denied employment based upon his credit history receive?

The correct answer is A. A prompt notification from the employer. The FCRA requires that an employer who takes an adverse action against an applicant or employee based on information in a consumer report must provide a notice of the adverse action to the individual. The notice must include the name, address, and phone number of the CRA that…

Health, Financial & Marketing Privacy

Question

Options

AA prompt notification from the employer.
BAn opportunity to reapply with the employer.
CInformation from several consumer reporting agencies (CRAs).
DA list of rights from the Consumer Financial Protection Bureau (CFPB).

How the community answered

(43 responses)

A
84% (36)
B
9% (4)
C
5% (2)
D
2% (1)

Explanation

The FCRA requires that an employer who takes an adverse action against an applicant or employee based on information in a consumer report must provide a notice of the adverse action to the individual. The notice must include the name, address, and phone number of the CRA that supplied the report; a statement that the CRA did not make the decision and cannot explain why the adverse action was taken; a notice of the individual's right to dispute the accuracy or completeness of the information in the report; and a notice of the individual's right to obtain a free copy of the report from the CRA within 60 days.

Topics

#FCRA#adverse action#employment denial#credit history

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