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#1185406 - 05/18/09 04:06 PM At Risk for Becoming a Consumer Reporting Agency
Analauditor Offline
Junior Member
Joined: Aug 2005
Posts: 44
We have been told that if we do XYZ, we are at risk of becoming a consumer reporting agency under the FCRA. What would we have to do if it comes to that? I am interested in what laws, procedures, etc. we would be subject to.

Thanks in advance!

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#1185505 - 05/18/09 05:15 PM Re: At Risk for Becoming a Consumer Reporting Agency Analauditor
RR Joker Offline
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RR Joker
Joined: Nov 2002
Posts: 20,656
The Swamp
You probably don't want to know...but about the best I can tell you is read the FCRA.
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My opinion only. Not legal advice.

Say you'll haunt me - Stone Sour

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#1188920 - 05/21/09 10:43 PM Re: At Risk for Becoming a Consumer Reporting Agency RR Joker
Andy_Z Offline
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Andy_Z
Joined: Oct 2000
Posts: 27,754
On the Net
Ditto. And I am sure that there is also liability for what you say and do, as well as reporting requirements.

http://www.bankersonline.com/regs/fcra/fcra.html
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AndyZ CRCM
My opinions are not necessarily my employers.
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