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How did the Fair and Accurate Credit Transactions Act (FACTA) amend the Fair Credit Reporting Act (FCRA)?

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 Tuan
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How did the Fair and Accurate Credit Transactions Act (FACTA) amend the Fair Credit Reporting Act (FCRA)?

  • A . It expanded the definition of “consumer reports” to include communications relating to employee investigations
  • B . It increased the obligation of organizations to dispose of consumer data in ways that prevent unauthorized access
  • C . It stipulated the purpose of obtaining a consumer report can only be for a review of the employee’s credit worthiness
  • D . It required employers to get an employee’s consent in advance of requesting a consumer report for internal investigation purposes

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Suggested Answer: B

   
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