We have sent an email with your new password.


Fcra Exam

36 Questions  I  By Regalsolutionscorp
Consumer Quizzes & Trivia

  
Changes are done, please start the quiz.


Question Excerpt

Removing question excerpt is a premium feature

Upgrade and get a lot more done!
1.  Even when a medical information provider has identified itself to a consumer reporting agency, the consumer reporting agency has no obligation to code medically related information in future consumer reports:
A.
B.
2.  It is permissible, under certain conditions, for a consumer reporting agency to reinsert information that has been deleted as a result of a reinvestigation from a consumers file:
A.
B.
3.  Whenever a consumer reporting agency prepares a consumer report.
A.
B.
C.
D.
4.  An employee of a consumer reporting agency who knowingly provides someone with a consumer report when there is no permissible purpose can be fined and/or imprisoned for up to two years.
A.
B.
5.  Consumer reporting agencies make decisions to deny credit, access to housing, employment or other services for which consumers have applied, often called taking "adverse action."
A.
B.
6.  A consumer reporting agency must include which of the following in a credit report?
A.
B.
C.
D.
7.  When a consumer disputes the completeness or accuracy of any item of information contained in his/her file at a consumer reporting agency that is not a reseller, which of the following is correct?
A.
B.
C.
D.
8.  If your company is not a nationwide consumer reporting agency and a consumer contacts you requesting placement of a fraud alert, your only obligation is to:
A.
B.
C.
D.
9.  In order for a consumer to request that fraudulent information be blocked from appearing in his or her file within four days of that request on a consumer report, the consumer must provide to a consumer reporting agency:
A.
B.
C.
D.
10.  If a consumer informs a reseller that the consumer report it issued is inaccurate, that reseller need only refer the consumer to the consumer reporting agency from which it purchased the original report.
A.
B.
11.  Unauthorized disclosure of information from a consumer report by an employee of a consumer reporting agency can result in:
A.
B.
C.
D.
12.  When a data furnisher notifies a credit reporting agency that a credit account has been closed by the consumer the credit reporting agency is not required to include that information in a consumer report involving the account
A.
B.
13.  A "consumer report" only refers to written communications about a persons credit history by a consumer reporting agency.
A.
B.
14.  Any consumer reporting agency, user of consumer reports or furnisher of information to consumer reporting agencies which is negligent in complying with any requirement imposed by the Fair Credit reporting Act with respect to any consumer is liable to that consumer in the amount equal to the sum of:
A.
B.
C.
D.
15.  Which of the following items of information are not permitted in any consumer report?
A.
B.
C.
D.
16.  As a consumer reporting agency employee, it is permissible for me to review my neighbors consumer report.
A.
B.
17.  The Notice of Privacy Practices (NPP) must be:
A.
B.
C.
D.
18.  If a furnisher of data has been notified by a consumer reporting agency under the fraudulent data blocking provisions of Section 605B that a debt is the result of identity theft, the debt cannot be:
A.
B.
C.
D.
19.  Any consumer reporting agency may furnish a consumer report under the following circumstances:
A.
B.
C.
D.
20.  Locating and providing to an employer public records found in a court house, which an employer could have located itself, is an activity regulated under the FCRA.
A.
B.
21.  If a non-authorized disclosure of protected health information (PHI) is made:
A.
B.
C.
D.
22.  A consumer reporting agency has no obligation to notify a data furnisher when it has blocked a data furnishers information as a result of a consumer providing it with an identity theft report
A.
B.
23.  When producing a consumer report for employment screening purposes, the consumer reporting agency must either notify the consumer of the inclusion of the public records in the report or ensure that the current status of the record is recorded at the time the report is produced.
A.
B.
24.  A consumer reporting agency that is not a reseller must provide notification of dispute to any person who provided any item of information in dispute, before the expiration of the:
A.
B.
C.
D.
25.  A consumer may choose to have his/her name excluded from a list, compiled by a consumer reporting agency, to be used, for example, for direct mail offers of credit or insurance.
A.
B.
26.  Most information which may cause a consumers application for credit, insurance, an apartment rental, employment or other benefit to be denied may not be included in a consumer report after it is more than seven years old.
A.
B.
27.  In general, reinvestigations conducted by a consumer reporting agency that is not a reseller:
A.
B.
C.
D.
28.  When a user of a consumer report takes an 'adverse action" against a person, based on that report, it must:
A.
B.
C.
D.
29.  An "identity theft report" is defined as a police report issued by a law enforcement agency
A.
B.
30.  The "Summary of a consumers rights" which is required with all disclosures must include which of the following?
A.
B.
C.
D.
31.  Before a consumer reporting agency furnishes a consumer report for employment purposes, the agency must obtain certification from the potential employer, which includes:
A.
B.
C.
D.
32.  Upon request of the consumer, file disclosures to consumers may be made:
A.
B.
C.
D.
33.  If a reseller determines that an item of information in dispute bya consumer is not incomplete or inaccurate as a result of the resellers system or technology, then the reseller has no other obligation with regard to that dispute.
A.
B.
34.  The Federal Trade commission, federal banking agencies, the States Attorneys General, and in many cases private attorneys may enforce a consumers rights under the Fair Credit Reporting Act.
A.
B.
35.  A consumer reporting agency must obtain a certification verifying that an individual or company has a permissible purpose under the law to purchase a consumer report.
A.
B.
36.  Every consumer reporting agency shall, upon request, clearly and accurately disclose and accurately disclose, in writing, to the consumer:
A.
B.
C.
D.
Back to top

Removing ad is a premium feature

Upgrade and get a lot more done!
Take Another Quiz