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Thanks to the Fair Credit Reporting Act (FCRA), employers cant go checking your credit history behind your back. They must have written consent before pulling an applicants credit history.
about you only to people with a valid need usually to consider an application with a creditor, insurer, employer, landlord, or other business. The FCRA specifies those with a valid need for access.
Even those who want access to your report can only ask for it if they have a legally permissible reason to do so. Both the credit reporting agency and the person seeking access without a permissible purpose can be held liable if they bdocHub the FCRA.
By signing this form, you are giving consent to have your consumer/credit reports furnished by consumer reporting agencies as part of an investigation to determine your suitability or fitness for federal employment or fitness to perform work under a contract.
Your credit report cant be obtained by just anyone. The FCRA lays out in what situations a credit reporting agency can provide others access to your report. Even those who want access to your report can only ask for it if they have a legally permissible reason to do so.
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You must provide written consent to an employer before the employer can request your credit report from a credit bureau.
Getting Consent to Run a Credit Report Step 1 Explain the Purpose to the Individual. Step 2 Completing the Form. Step 3 Obtaining a Real Signature. Step 4 Run the Credit Report. Step 5 Review and Give a Copy to the Consenter (if asked)
Hard inquiries typically require your written permission. These occur when youre applying for a credit card or personal loan, trying to rent an apartment and other situations where a business is attempting to assess your financial health for a specific purpose.
The Fair Credit Reporting Act (FCRA) is a federal statute that defines and limits who can receive credit-related information. The act lists legal reasons why someones credit can be checked; therefore, it is illegal for an individual or organization to check someones credit report for any other purpose.
I authorize the person whom this application is delivered, to obtain my credit report from any credit-reporting agency and to contact my current or previous landlord and/or employer(s), to establish or verify my financial standing.

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