CRA Must Disclose Its Sources

David A. Szwak

CRA Must Disclose Its Sources

Postby David A. Szwak » Sun Oct 30, 2005 9:56 pm

Retail Credit Co. v. United Family Life Ins. Co., 130 Ga.App. 524, 203 S.E.2d 760.

Under 1681g[a][2], there is no absolute immunity from disclosing sources of investigation information; protection afforded sources of information exists only prior to institution of legal action, but not during discovery procedures after action is brought; Act is intended to protect consumer by affording him fair treatment by industry or business which is recognized as necessary adjunct of commerce for consumer credit, personnel matters, insurance, and other information, with due regard to confidentiality, accuracy, relevancy, and proper utilization of such information gleaned; nothing in Act precludes disclosure of information sought by plaintiff's interrogatories in state court action predicated upon negligence of defendant, consumer investigative agency, in conduct of investigation or preparation of report rendered to plaintiff, which had employed defendant to prepare report of investigation of applicant for life insurance.

Return to “FCRA Statute And Amendments: 15 U.S.C. 1681, et. seq.”

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