Under the Fair Credit Reporting Act, a consumer reporting agency, on request by and proper identification of the consumer, must clearly and accurately disclose to the consumer:
the nature and substance of certain information in its files on the consumer;
the sources of most of that information;
the recipients of any consumer report on the consumer furnished for employment purposes within the two-year period preceding the request, and for any other purpose within the one-year period preceding the request;
the dates, original payees, and amounts of any checks on which is based any adverse characterization of the consumer, included in the file at the time of the disclosure; and
a record of all inquiries received by the agency during the one-year period preceding the request that identified the consumer in connection with a credit or insurance transaction that was not initiated by the consumer.
Broward Florida Request for Disclosure Regarding Nature and Substance of Files of Consumer Reporting Agency is a legal procedure that enables individuals residing in Broward County, Florida, to obtain detailed information regarding their consumer credit reports from various consumer reporting agencies (Crash). This request plays a crucial role in empowering consumers to monitor and manage their creditworthiness and ensures the accuracy of information in their credit profiles. Keywords: Broward Florida, Request for Disclosure, Nature and Substance of Files, Consumer Reporting Agency, consumer credit reports, consumer reporting agencies, Crash, creditworthiness, accuracy of information, credit profiles. Types of Broward Florida Request for Disclosure Regarding Nature and Substance of Files of Consumer Reporting Agency: 1. Initial Request: This type refers to the first time a consumer submits a request for disclosure regarding the nature and substance of their credit files to one or more Crash operating in Broward County, Florida. It is often prompted by the consumer's desire to understand their credit history and assess their overall creditworthiness. 2. Annual Request: This type entails a regular yearly request by the consumer to obtain updated information regarding their credit files from Crash. By submitting an annual request, individuals can stay informed about any changes, inaccuracies, or potential fraudulent activities associated with their credit reports. 3. Dispute-related Request: If a consumer identifies any errors, outdated information, or unauthorized activities in their credit files, they can file a dispute-related request. This type of request seeks the nature and substance of files from Crash to investigate the disputed items and correct any inaccuracies, ensuring the consumer's credit profile reflects accurate information. 4. Remediation Request: In situations where a consumer has taken appropriate steps to rectify previous credit report inaccuracies but encounters persistent issues, a Broward Florida Request for Disclosure regarding the nature and substance of files of Consumer Reporting Agency may be filed. This specific request seeks to investigate the effectiveness of previously requested credit file corrections and may involve further actions to address ongoing credit reporting errors.
