Fair and Accurate Credit Transactions (FACT) Act Practice Exam

When identity theft protections apply, a consumer reporting agency must block information in a report that is believed to be the result of identity theft, and it must notify the furnisher that the blocked item may be tied to identity theft. This notification helps the furnisher understand why the information is being blocked and prevents relying on potentially fraudulent data for decisions. The requirement is a standard part of the process, not optional, and it applies to the information identified as the result of identity theft. Therefore, the statement is true.