What is checked in an investigative consumer report?
Investigative reports through the FCRA are defined as” 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 …
What is the difference between a consumer report and an investigative report?
As a rule of thumb, the distinction between the two types of investigations can be thought of as simply verifying the specific facts about education, employment or other information the applicant has provided to the employer (“consumer report”) versus obtaining more general character or personal information through …
What does a consumer reporting agency check?
Hundreds of companies provide employment background checks and qualify as consumer reporting agencies. Employment reports often include credit checks, criminal background checks, public records–such as bankruptcy filings and other court documents–and information related to your employment history.
What is not included in an investigative consumer report?
The term does not include a consumer report or other compilation of information that is limited to specific factual information relating to a consumer’s credit record or manner of obtaining credit obtained directly from a creditor of the consumer or from a consumer reporting agency when that information was obtained …
What is the difference between a background check and a consumer report?
Employment background checks also are known as consumer reports. They can include information from a variety of sources, including credit reports and criminal records.
Who completes a consumer investigative report?
Any person who procures or causes to be prepared an investigative consumer report on any consumer shall, upon written request made by the consumer within a reasonable period of time after the receipt by him of the disclosure required by subsection (a) (1), shall make a complete and accurate disclosure of the nature and …
Is a consumer report a background check?
These background checks are also known as consumer reports. Simply put, a consumer report background check contains your personal and financial information. Your personal information could cover your general lifestyle, your reputation and impressions about your character.
Does a consumer report hurt your credit?
Increasingly, consumers’ credit reports are being accessed by entities with no plans to lend you money. Employers, insurers, and landlords can check on your credit, but these inquiries have little or no impact on your credit report.
What do you mean by investigative consumer report?
An investigative consumer report is a thorough evaluation of personal information, performed in tandem, with a regular background check whenever an individual applies for employment opportunities, commercial and/or residential tenancy, and licensing certification.
What kind of information is included in a consumer report?
For example, information obtained in a typical consumer report may include credit information, criminal history, factual past employment information, or driving records.
Can a credit report be used for an investigative report?
If fact, information from your credit report cannot be used in an investigative report. The FCRA distinguishes reports on personal character from credit reports, and a lender may not pull an investigative report as part of the credit-granting process.
What makes a consumer report an ICR in California?
They can be independent background checks, or they could be a part of a regular consumer report. In California all consumer reports are considered ICRs, and California law (the California Investigative Consumer Reporting Agencies Act ICRAA) must be followed in addition to federal law.