QUESTION IMAGE
Question
when can a credit agency release someones credit information in florida?
when an employer requests it
when a consumer authorizes it
when a lender asks for it
when a security freeze is put on it
In Florida, credit agencies are bound by privacy and consumer protection laws. A credit agency can release a consumer’s credit information when the consumer authorizes it. Employers and lenders have specific regulations (e.g., employers need permissible purpose under FCRA, lenders too, but the key legal basis for release is consumer authorization). A security freeze restricts access, so that’s not when release happens.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
B. when a consumer authorizes it