(1) A consumer reporting agency may charge the following fees:

(a) Subject to subsection (2), a fee that does not exceed $10.00 for the placement, temporary lifting, or removal of a security freeze for a consumer under article 2.

Terms Used In Michigan Laws 445.2541

  • Consumer: means an individual who resides in this state. See Michigan Laws 445.2512
  • Consumer reporting agency: means any person that, for monetary fees or dues or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing credit reports to third parties and that uses any means or facility of interstate commerce for the purpose of preparing or furnishing credit reports. See Michigan Laws 445.2512
  • Credit report: means any written, oral, or other communication of any information by a consumer reporting agency that is related to a consumer's creditworthiness, credit standing, or credit capacity, and is issued or expected to be used or collected in whole or in part for the purpose of serving as a factor in establishing the consumer's eligibility for credit. See Michigan Laws 445.2512
  • Protected consumer: means either of the following:

    (i) An individual who is under 16 years of age at the time a request for the placement of a security freeze is made. See Michigan Laws 445.2512

  • Representative: means an individual who provides to a consumer reporting agency sufficient proof of authority to act on behalf of a protected consumer. See Michigan Laws 445.2512
  • Security freeze: means a restriction placed on a consumer's credit report at the request of the consumer that prohibits a consumer reporting agency from releasing the consumer's credit report or any information derived from the consumer's credit report without the express authorization of or on behalf of the consumer. See Michigan Laws 445.2512

(b) Subject to subsection (3), a fee that does not exceed $10.00 for the placement or removal of a security freeze for a protected consumer under article 3, charged to a protected consumer or his or her representative.

(2) A consumer reporting agency may not charge a fee authorized under subsection (1)(a) to a consumer for the placement, temporary lifting, or removal of a security freeze for a consumer under article 2 if the consumer has filed a police report of alleged identity theft against the consumer under section 4a, 33b, or 64a of the William Van Regenmorter crime victim’s rights act, 1985 PA 87, MCL 780.754a, 780.783b, and 780.814a, and provides a copy of the report to the consumer reporting agency.

(3) A consumer reporting agency may not charge a fee authorized under subsection (1)(b) if either of the following are met:

(a) The protected consumer or his or her representative has filed a police report of alleged identity theft against the protected consumer under section 4a, 33b, or 64a of the William Van Regenmorter crime victim’s rights act, 1985 PA 87, MCL 780.754a, 780.783b, and 780.814a, and provides a copy of the report to the consumer reporting agency.

(b) The request for the placement or removal of a security freeze is for a protected consumer who is under the age of 16 years at the time of the request and the consumer reporting agency has a credit report pertaining to the protected consumer.