A branch supervisor asks Logan how to handle FCRA credit-reporting rules credit-reporting rules. What should Logan recommend?
Correct Answer
C) Keep consumer-report information within authorized use
Consumer reports require a permissible purpose and proper FCRA/Reg V handling. The best answer is "Keep consumer-report information within authorized use".
Why This Is the Correct Answer
Consumer reports require a permissible purpose and proper FCRA/Reg V handling. The best answer is "Keep consumer-report information within authorized use".
More Federal Laws Questions
During intake, a borrower sends a written request for information to the servicer-designated address. What is the best compliant response?
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