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Which of the following statements about the Fair Credit Reporting Act is CORRECT?
A) It provides that consumers have the right to question reports made about them by investigative agencies.
B) It prohibits insurance companies from obtaining reports on applicants from outside investigative agencies.
C) It prohibits insurance companies from rejecting an application based on a credit report.
D) It applies to reports about applicants that are made by insurance agents to their companies.
Answer: A) It provides that consumers have the right to question reports made about them by investigative agencies.
The above question Which of the following statements about the Fair Credit Reporting Act is CORRECT?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
