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Not Initiated By Consumer
LAWDOG is intended to assist in the understanding of basic concepts. See Disclaimer. Always obtain legal advice from legal professionals.
Consumer reporting agencies may make available to credit grantors and insurers access to limited information about consumers meeting certain criteria for the purpose of making solicitations to consumers offering credit or insurance to that consumer. This practice is called "prescreening", because the consumers are selected or "screened" by the consumer reporting agency to meet criteria determined by the user. These are transactions which are "not initiated by the consumer".
The term "credit or insurance transaction that is not initiated by the consumer" does not include the use of a consumer report by a person with whom the consumer has an account or insurance policy, for purposes of reviewing the account or insurance policy, or collecting the account. For more information, see Duties of Credit Reporting Agencies "Credit or Insurance Not Initiated By Consumer" linked here. Link does not return to this page. For more information, also see "LAWDOG Prescreening" linked here. Link does not return to this page.
A copy of The Fair Credit Reporting Act, As Amended, and a copy of the FTC Official Staff Commentary to the Fair Credit Reporting Act are included, for illustration purposes only, under "Fair Credit Reporting Resources", from LAWDOG Credit Reporting Center, or here. Use browser "back" button to return. Read Notices, Caution and Disclaimer.
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