Regulate the consumer reporting industry
Establish a way for financial institutions to pull credit reports on everyone without permissible purposes.
Place disclosure obligations on users of consumer reports
Ensure timely, fair, and accurate reporting of credit information
Credit Reporting Agency
An application for a closed-end loan
An application for an open-end credit plan for a consumer purpose secured by 1-4 units of residential real property
A commercial transaction securing residential real property
Both A and B.
"Reasonable" policies and procedures
"Continued" administration of the program
Considers "Interagency guidelines on Identity Theft detection, Prevention, and Mitigation
All of the above.
At the time of establishing a customer relationship.
Both A and C