If a company decides to dig a little deeper into your background, maybe because you've applied for a job or insurance, they might do what's called an "investigative consumer report." This isn't just a check of your credit score; they could be looking into your lifestyle, character, and reputation. Imagine someone asking your neighbors or friends about how reliable or trustworthy you are. That's an investigative consumer report.
Under the Fair Credit Reporting Act, specifically section 1681d, you have specific rights when it comes to these reports:
- Heads Up: The company has to let you know that they might be collecting this kind of information. This has to be in writing and given to you within three days of when they get your report.
- Consent is Key: Often, they need your go-ahead before they can ask around about you. So you'll likely have to give them permission in writing first.
- Know What They Know: If you ask, the company should tell you whether they ordered an investigative report about you. Plus, if you've been denied a job, insurance, or a lease because of information in this report, you have a right to know what’s in it.
- Get the Details: Within a reasonable amount of time after you ask, the company should provide you with the details of the report – including who was snooping around and asking questions about you.
So if a report like this is used, you're in the loop and can make sure everything's accurate. After all, if someone is gathering information that could affect your employment or insurance, you should have a say in that.
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