Fair Credit Reporting Act, 15 U.S.C. § 1681

consumer

The term means an individual.

under what circumstances may a consumer reporting agency furnish a consumer report, but under none other

(1) In response to the order of a court having jurisdiction to issue such an order, a subpoena issued in connection with proceedings before a Federal grand jury (2) In accordance with the written instructions of the consumer to whom it relates. (3) To a person which it has reason to believe— - in connection with a credit transaction involving the consumer on whom the information is to be furnished - intends to use the information for employment purposes; - intends to use the information in connection with the underwriting of insurance involving the consumer...

the term "consumer report" does not include—(A)

(i)report containing information solely as to transactions or experiences between the consumer and the person making the report; (ii)communication of that information among persons related by common ownership or affiliated by corporate control; or (iii)communication of other information among persons related by common ownership or affiliated by corporate control, if it is clearly and conspicuously disclosed to the consumer that the information may be communicated among such persons and the consumer is given the opportunity, before the time that the information is initially communicated, to direct that such information not be communicated among suchpersons;

Fair Credit Reporting Act

Accuracy and fairness of credit reporting.

Financial Institution

a State or Federal credit union, or any other person that, directly or indirectly, holds a transaction account (as defined in section 461(b) of title 12 ) belonging to a consumer.

Investigative Consumer Report

a portion thereof in which information on a consumer's character, general reputation, personal characteristics, or mode of living is obtained through personal interviews with neighbors, friends, or associates of the consumer reported on or with others with whom he is acquainted or who may have knowledge concerning any such items of information.

the term "consumer report" does not include—(B)

any authorization or approval of a specific extension of credit directly or indirectly by the issuer of a credit card or similar device;

the term "consumer report" does not include—(C)

any report in which a person who has been requested by a third party to make a specific extension of credit directly or indirectly to a consumer conveys his or her decision with respect to such request, if the third party advises the consumer of the name and address of the person to whom the request was made, and such person makes the disclosures to the consumer required under section 1681m of this title; or

Adverse Action

credit and employment actions affecting consumers that can be considered to have a negative impact, such as denying or canceling credit or insurance, or denying employment or promotion. Such an action requires that the decision maker furnish the recipient of the adverse action with a copy of the credit report leading to the adverse action.

The term "credit score"—

means a numerical value or a categorization derived from a statistical tool or modeling system used by a person who makes or arranges a loan to predict the likelihood of certain credit behaviors, including default (and the numerical value or the categorization derived from such analysis may also be referred to as a "risk predictor" or "risk score")

person

means any individual, partnership, corporation, trust, estate, cooperative, association, government or governmental subdivision or agency, or other entity.

Consumer Reporting Agency

means any person which, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer reports to third parties, and which uses any means or facility of interstate commerce for the purpose of preparing or furnishing consumer reports.

consumer report

means any written, oral, or other communication of any information by a consumer reporting agency bearing on a consumer's credit worthiness,credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living which is used or expected to be used or collected in whole or in part for the purpose of serving as a factor in establishing the consumer's eligibility for