Fcra consumer reports - Study guides, Class notes & Summaries

Terrorism Risk Insurance Act (TRIA) Answer - In 2002- the availability of reinsurance coverage against terrorism. If there is a terrorist act then the federal government is responsible in paying the insurer for any damage. What is TRIEA and when did it happen Answer - In 2005 legislation was modified and coverage was extended by the Terrorism Risk Insurance Extension Act FCRA- when, what, and what it stands for Answer - In 1970 the Fair Credit Reporting Act was establish by the federal gov...

Terrorism Risk Insurance Act (TRIA) Answer - In 2002- the availability of reinsurance coverage against terrorism. If there is a terrorist act then the federal government is responsible in paying the insurer for any damage. What is TRIEA and when did it happen Answer - In 2005 legislation was modified and coverage was extended by the Terrorism Risk Insurance Extension Act FCRA- when, what, and what it stands for Answer - In 1970 the Fair Credit Reporting Act was establish by the federal gov...

CIPP/US IAPP Latest Update with Complete Solutions Americans with Disabilities Act (ADA) Bars discrimination against qualified individuals with disabilities; places restrictions on pre-employment medical screening. Consumer Financial Protection Bureau (CFPB) Has enforcement power for unfair, deceptive or abusive acts and practices for financial institutions. Choice The ability to specify whether personal information will be collected and/or how it will be used or disclosed. Choice can be expre...

USAA Auto Insurance Terms with Complete SolutionsUSAA Auto Insurance Terms with Complete SolutionsUSAA Auto Insurance Terms with Complete SolutionsUSAA Auto Insurance Terms with Complete SolutionsUSAA Auto Insurance Terms with Complete SolutionsTerrorism Risk Insurance Act (TRIA) - ANSWER-In 2002- the availability of reinsurance coverage against terrorism. If there is a terrorist act then the federal government is responsible in paying the insurer for any damage. What is TRIEA and when did it...

CIPP/US QUESTIONS AND ANSWERS RATED A+ Access The ability to view personal information held by an organization. This may be supplemented by allowing updates or corrections to the information. U.S. laws often provide for access and correction when the information is used for any type of substantive decision making, such as for credit reports. Americans with Disabilities Act (ADA) Bars discrimination against qualified individuals with disabilities; places restrictions on pre-employment medical sc...

USAA Auto Insurance Terms EXAM QUESTIONS CORRECTLY ANSWERED Terrorism Risk Insurance Act (TRIA) - ANSWER In 2002- the availability of reinsurance coverage against terrorism. If there is a terrorist act then the federal government is responsible in paying the insurer for any damage. What is TRIEA and when did it happen - ANSWER In 2005 legislation was modified and coverage was extended by the Terrorism Risk Insurance Extension Act FCRA- when, what, and what it stands for - ANSWER ...

Which law regulates the activities of consumer reporting agencies and users of consumer credit reports? correct answers FCRA Which agency manages the National Do Not Call Registry? correct answers Federal Trade Commission Which act led to the Nationwide Mortgage Licensing System and Registry for the residential mortgage industry? correct answers The SAFE Act Under ECOA, providing different terms of financing for a potential borrower who has poor credit scores due to a recent bankruptcy is...

Who oversees RESPA? correct answers CFPB Who enforces RESPA? correct answers CFPB Who oversees ECOA? correct answers CFPB Who enforces ECOA? correct answers CFPB and FTC Who oversees TILA? correct answers CFPB Who enforces TILA? correct answers CFPB (FTC for advertisement penalties) Who oversees the National Do Not Call Registry? correct answers FCC, FTC Who enforces the National Do Not Call Registry? correct answers FTC Which law regulates the activities of consumer repo...

Americans with Disabilities Act (ADA) Bars discrimination against qualified individuals with disabilities; places restrictions on pre-employment medical screening. Consumer Financial Protection Bureau (CFPB) Has enforcement power for unfair, deceptive or abusive acts and practices for financial institutions. Choice The ability to specify whether personal information will be collected and/or how it will be used or disclosed. Choice can be express or implied. Common Law Le...

FCRA Reg V, Questions and answers, rated A+ Define a consumer report under FCRA - -Any written or oral communication bearing on a consumer's individual creditworthiness or general reputation that is collected to establish the consumer's eligibility for credit or insurance, employment, or other authorized purposes Define a 'Consumer Reporting Agency' under FCRA - -Anyone who regularly engages in assembling or evaluating consumer credit or other information to furnish consumer report...