Under the FACT Act, hose who furnish information to consumer reporting agencies do NOT need to:

• A. Provide a consumer notice
• B. Provide a consumer consent
• C. Provide a security badge
• D. Provide a copy of the report

Answer: (A)

Furnishers have to report accurate, up-to-date information to consumer reporting agencies and update it when it changes, but they are not required to send a consumer notice about the reporting to the consumer. The consumer’s right to see a copy of their report comes from the consumer reporting agency, not from the furnisher, and consent or security badges aren’t duties of the furnisher in this context. In short, the obligation to provide a consumer notice isn’t on the furnishers, which is why this option is the best choice.