Question

Under the Federal Fair Credit Reporting Act, the Insured has NO right to:

Select one:
O a. require that the insurer supply a copy of the report.
O b. demand that an incorrect report be corrected.
C. insert a corrective statement in the report.
O d. be told the name and address of the consumer reporting agency

Answer 1

Under the Federal Fair Credit Reporting Act, the insured has the right to require a copy of the report, demand corrections, and insert a corrective statement, but not to be told the name and address of the consumer reporting agency.

Step-by-step explanation:

Under the Federal Fair Credit Reporting Act, the insured does have the right to:

• Require that the insurer supply a copy of the report. The Act allows the insured to request a copy of their credit report from the insurer.
• Demand that an incorrect report be corrected. If the insured finds any inaccuracies in their credit report, they have the right to dispute and request corrections.
• Insert a corrective statement in the report. The insured can add a statement to their credit report explaining any disputes or errors.

However, under the Act, the insured does not have the right to be told the name and address of the consumer reporting agency.

Learn more about Rights of the insured under the Fair Credit Reporting Act