Completing the Application, Underwriting, Delivering Policies, Contract Law
Under FCRA, if an insurer orders an investigative consumer report involving personal interviews regarding an applicant's character and lifestyle, when must written notice be sent to the applicant?
Answer and explanation
Answer: A. FCRA requires written disclosure to the consumer within 3 days of requesting an investigative consumer report.Source: FTC FCRA Insurers Guide — Investigative Consumer Reports Notice
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