The Fair Credit Reporting Act also provides that a consumer reporting agency that furnishes a consumer report for employment purposes and which, for that purpose, compiles and reports items of information on consumers that are matters of public record and are likely to have an adverse effect on a consumer's ability to obtain employment must: (1) at the time the public record information is reported to the user of the consumer report, notify the consumer of the fact that public record information is being reported by the consumer reporting agency, together with the name and address of the person to whom the information is being reported; or (2) maintain strict procedures designed to insure that whenever public record information likely to have an adverse effect on a consumer's ability to obtain employment is reported, it is complete and up to date.
Kings New York Notice to Consumer of Report of Public Record Information Likely to Have Adverse Effect is a legal document that aims to provide individuals with a detailed overview of any potential adverse effects resulting from the public record information included in a report. This notice serves as a means for Kings New York, a trusted consumer reporting agency, to alert consumers about the potential negative impact that certain public record information may have on their creditworthiness, employment prospects, or other important aspects of their lives. The purpose of this notice is to promote transparency and ensure that individuals have a clear understanding of the information being reported about them. The content of the notice may vary depending on the specific circumstances, but it typically includes the following: 1. Identification: The notice clearly states the name, address, and contact information of Kings New York as the reporting agency responsible for providing the information. 2. Consumer Information: The notice includes the consumer's name, address, and other relevant identifying information to ensure accurate identification and communication. 3. Public Record Information: Kings New York outlines the specific public record information that is likely to have an adverse effect. This information may include criminal records, bankruptcies, evictions, tax liens, and court judgments, to name a few. 4. Explanation of Adverse Effect: The notice must provide a detailed explanation of how the identified public record information may adversely impact the consumer. It may describe the potential consequences, such as denial of credit, higher interest rates, limited employment opportunities, or other significant setbacks. 5. Rights of the Consumer: Kings New York includes a section that explains the consumer's rights under state and federal laws, such as the Fair Credit Reporting Act (FCRA) and the New York State Fair Credit Reporting Act (LYCRA). This section highlights the steps individuals can take to dispute inaccuracies or mitigate the adverse effects of the reported information. It's important to note that the content and format of this notice may vary depending on specific legal requirements or regulations applicable to the state of New York. Additionally, there may be different types of notices based on the nature of the adverse public record information and the potential effects it may have on individuals, such as a notice specific to credit-related adverse effects or one related to employment-related adverse effects.
