Consumer report
CIPP/US glossary · Last reviewed: · By Victor Humenhuk (CIPP/US certified)
Consumer report - Any communication by a CRA bearing on a person's creditworthiness, character, reputation or mode of living, used in whole or part to establish eligibility for credit, insurance, employment or another permissible purpose.
In the CIPP/US body of knowledge, Consumer report comes up under Chapter 12: Workplace Privacy; Chapter 9: Financial Privacy.
Consumer report in context
- A user may obtain a consumer report only with a ==permissible purpose== and must ==certify== that purpose to the CRA, plus certify the report will not be used for any other purpose. (Permissible Purpose and Certification)
- When a user acts adversely based even in part on a consumer report, it must notify the consumer with the CRA's identity, a statement that the CRA did not decide, and the consumer's rights to a ==free disclosure within 60 days== and to dispute. (Adverse Action Notices)
- The ==Disposal Rule== requires anyone using a consumer report for business to dispose of that information ==reasonably== to prevent unauthorized access. (The Disposal Rule)
Where Consumer report is covered in the CIPP/US study notes
Related terms
- Consumer reporting agency (CRA)
- Investigative consumer report
- Permissible purpose
- Pre-adverse-action notice
Test yourself on Consumer report
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