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Rigatel Corp., an investment bank, was in the final stage of its selection process for a business analyst. Rob was one of the desired candidates for the position. As part of background checks, the bank wanted to look at his credit history. Which of the following requires them to obtain Rob's consent before using a third party to check his credit history?

a) the civil rights act of 1991
b) the fair credit reporting act
c) the fair labor standards act
d) the labor-management reporting and disclosure act
e) the consumer credit protection act

Respuesta :

lykabelle

Answer:

b. the fair credit reporting act

Explanation:

The "Fair Credit Reporting Act" (FCRA) is a law that was passed in 1970 in order to control the aspect of collecting credit information of the borrower. This includes the access to their credit history. This act protects the borrower when it comes to the privacy of his personal information.

So, this act makes sure that the consent of the borrower is needed before one can access or check his credit history.

So, this explains the answer.

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