An insurer declines to renew a homeowners policy based in significant part on the insured's consumer credit report. Under the Fair Credit Reporting Act's adverse-action requirements, the insurer's notice to the insured must include all of the following EXCEPT:

Why this is the answer

The Fair Credit Reporting Act, 15 USC §1681m(a), requires a user (here, the insurer) taking adverse action based in whole or in part on a consumer report to provide: (1) notice of the adverse action; (2) disclosure of any numerical credit score used and its key factors; (3) the name, address, and telephone number of the consumer reporting agency that furnished the report (including a toll-free number for nationwide CRAs); (4) a statement that the CRA did not make the adverse decision and cannot explain the specific reasons for it; and (5) notice of the consumer's right to obtain a free copy of the report from the CRA within 60 days and to dispute its accuracy or completeness. FCRA does not require the user to attach the report to the notice.