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This entry was published on 2014-09-22
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Requirements on users of consumer reports
General Business (GBS) CHAPTER 20, ARTICLE 25
§ 380-i. Requirements on users of consumer reports. (a) Whenever
credit or insurance for personal, family or household purposes is
denied, or whenever a residential rental or lease is denied, or the
charge for such credit or insurance, or rental or lease is increased,
either wholly or partly because of information contained in a consumer
report, the user of the report shall:

(1) advise the consumer against whom such adverse action has been
taken of such action,

(2) supply the name and address of the consumer reporting agency
making the report, and

(3) inform the consumer of his right to inspect and receive a copy of
such report by contacting the consumer reporting agency.

(b) In addition to the requirements of subdivision (a) of this
section, the user of any such report for purpose of evaluating an
application for credit shall furnish to the consumer the reasons for any
adverse action in relation to such application in conformance with the
requirements of the federal equal credit opportunity act (P.L. 93-435,
15 USC 1691 et seq) as that statute may from time to time be amended.

(c) Every user of a consumer report or an investigative consumer
report shall be prohibited from disseminating any such report to any
other person unless such other person has a legitimate business need for
the information in connection with a business transaction involving the