Users of The Information For Credit, Insurance, or Employment Purposes
Users of the information for credit, insurance, or employment purposes (including background checks) have the following responsibilities under the FCRA:
- They must notify the consumer when an adverse action is taken on the basis of such reports.
- Users must identify the company that provided the report, so that the accuracy and completeness of the report may be verified or contested by the consumer.
Read more about this topic: Fair Credit Reporting Act
Famous quotes containing the words information, employment and/or purposes:
“So while it is true that children are exposed to more information and a greater variety of experiences than were children of the past, it does not follow that they automatically become more sophisticated. We always know much more than we understand, and with the torrent of information to which young people are exposed, the gap between knowing and understanding, between experience and learning, has become even greater than it was in the past.”
—David Elkind (20th century)
“As long as learning is connected with earning, as long as certain jobs can only be reached through exams, so long must we take this examination system seriously. If another ladder to employment was contrived, much so-called education would disappear, and no one would be a penny the stupider.”
—E.M. (Edward Morgan)
“Virtuous people are simply those who have ... not been tempted sufficiently, because they live in a vegetative state, or because their purposes are so concentrated in one direction that they have not had the leisure to glance around them.”
—Isadora Duncan (1878–1927)