2 Written Questions

1. The Fair Credit Reporting Act (FCRA) was passed in 1970 with the purpose of regulating the way credit information is collected and used.
2. They are reports that contain information about a consumer's character, general reputation, personal characteristics, or mode of living (not credit information) but are obtained through personal interviews with neighbors, friends, or associates of the consumer.

2 Multiple Choice Questions

1. Insurance distribution system that uses producers to transact insurance.
   1. underwritters
   2. agency
   3. Investigative Consumer Reports
   4. Consumer Reports
2. Any written, oral, or other communication of information by a consumer reporting agency about a consumer's credit worthiness, character, general reputation, personal characteristics or mode of living which are used to determine a consumer's eligibility for credit, insurance, employment, or other authorized
   1. agency
   2. Consumer Reports
   3. underwritters
   4. Investigative Consumer Reports

1 True/False Question

1. underwritters → Any written, oral, or other communication of information by a consumer reporting agency about a consumer's credit worthiness, character, general reputation, personal characteristics or mode of living which are used to determine a consumer's eligibility for credit, insurance, employment, or other authorized

   True        False