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Exam CIPP-US topic 1 question 141 discussion

Actual exam question from IAPP's CIPP-US
Question #: 141
Topic #: 1
[All CIPP-US Questions]

Under the Fair Credit Reporting Act (FCRA), what must a person who is denied employment based upon his credit history receive?

  • A. A prompt notification from the employer.
  • B. An opportunity to reapply with the employer.
  • C. Information from several consumer reporting agencies (CRAs).
  • D. A list of rights from the Consumer Financial Protection Bureau (CFPB).
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Suggested Answer: A 🗳️

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aprivate1
2 months, 3 weeks ago
Selected Answer: A
I think it is A. The employer must provide the applicant with a copy of the report so they may have an opportunity to dispute the report. This would require a prompt notification from the employer. (See pg 381-382 in the 4th ed)
upvoted 1 times
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rhyst1921
3 months, 1 week ago
Selected Answer: A
The FCRA imposes requirements on users to notify the consumer when an adverse action is taken. The term “adverse action” is defined very broadly to include all business, credit, and employment actions affecting consumers that can be considered to have a negative impact, such as denying or canceling credit or insurance, or denying employment or promotion.
upvoted 2 times
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Bhimesh
7 months, 2 weeks ago
Selected Answer: D
Agree with Priv24...
upvoted 1 times
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Priv24
7 months, 4 weeks ago
I think it's D. Look at 1681b(b)(3). The requirement to provide the list of rights is there. But the scope requiring notice within 3 business days is so narrow it will exclude most types of jobs applied for.
upvoted 1 times
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