If your business uses a consumer’s credit score or other information from a consumer report to offer less favorable terms, such as a higher interest rate, the Fair Credit Reporting Act (FCRA) may require a risk based pricing notice. This notice helps consumers understand that information in their consumer report affected the terms they were offered. Want real talk on data privacy law? Like, share, and follow @TheDataPrivacyLawyer for updates and insights. Need guidance from a privacy-savvy lawye
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If your business uses a consumer’s credit score or other information from a consumer report to offer less favorable terms, such as a higher interest rate, the Fair Credit Reporting Act (FCRA) may require a risk based pricing notice. This notice helps consumers understand that information in their consumer report affected the terms they were offered. Want real talk on data privacy law? Like, share, and follow @TheDataPrivacyLawyer for updates and insights. Need guidance from a privacy-savvy lawye
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