Nebraska Statutes 8-2611. Consumer reporting agency; restrictions with respect to third parties; request by third party; how treated
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(1) A consumer reporting agency may not suggest or otherwise state or imply to a third party that a security freeze on a consumer’s or protected consumer’s file reflects a negative credit score, history, report, or rating.
Terms Used In Nebraska Statutes 8-2611
- Credit report: A detailed report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness. Source: OCC
- Credit Score: A number, roughly between 300 and 800, that measures an individual's credit worthiness. The most well-known type of credit score is the FICO score. This score represents the answer from a mathematical formula that assigns numerical values to various pieces of information in your credit report. Source: OCC
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801
(2) If a third party requests access to a credit report or any other information derived from a file in connection with an application for credit or the opening of an account and the consumer, protected consumer, or representative has placed a security freeze on his or her file and does not allow his or her file to be accessed during that specified period of time, the third party may treat the application as incomplete.