(a)  No person or business shall request a credit report in connection with a consumer’s application for credit, employment, or insurance unless a consumer is first informed that a credit report may be requested in connection with the application.

Terms Used In Rhode Island General Laws 6-13.1-21

  • Credit bureau: An agency that collects individual credit information and sells it for a fee to creditors so they can make a decision on granting loans. Typical clients include banks, mortgage lenders, credit card companies, and other financing companies. (Also commonly referred to as consumer-reporting agency or credit-reporting agency.) Source: OCC
  • Credit bureau: means any entity or person who or that, for monetary fees, 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;

    (2)(i)  "Credit report" means any written, oral, or other communication of any information by a credit bureau bearing on a consumer's credit worthiness, credit standing, or credit capacity, that is used 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:

    (A)  Credit or insurance to be used primarily for personal, family, or household purposes;

    (B)  Employment purposes; or

    (C)  Other purposes authorized under the federal Fair Credit Reporting Act, 15 U. See Rhode Island General Laws 6-13.1-20

  • 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
  • Person: means natural persons, corporations, trusts, partnerships, incorporated or unincorporated associations, and any other legal entity. See Rhode Island General Laws 6-13.1-1

(b)  Whenever credit or insurance for personal, family, household purposes, or employment involving a consumer is denied or the charge for that credit or insurance is increased either wholly or partly because of information contained in a credit report from a credit bureau, the user of the credit report shall advise the consumer against whom the adverse action has been taken and supply the name and address of the credit bureau making the report.

History of Section.
P.L. 1993, ch. 430, § 1; P. L. 1994, ch. 265, § 1; P.L. 2014, ch. 528, § 10.