Terms Used In Vermont Statutes Title 9 Sec. 2480c

  • agency: means a person who, for fees, dues, or on a cooperative basis, regularly engages in whole or in part in the practice of assembling or evaluating information concerning a consumer's credit or other information for the purpose of furnishing a credit report to another person. See
  • Consumer: means a natural person other than a protected consumer. See

§ 2480c. Charges for certain disclosures by credit reporting agencies

(a) A credit reporting agency shall not impose a charge for:

(1) providing the information required to be disclosed under subsection 2480b(a) of this title, once every 12 months;

(2) providing the notice required under subsection 2480d(g) of this title (notice of results of reinvestigation); or

(3) notifying any person designated by the consumer pursuant to 15 U.S.C. § 1681i of the deletion of information that is found to be inaccurate or that can no longer be verified.

(b) For all other disclosures to consumers of information available to users pertaining to the consumer the credit reporting agency may impose a reasonable charge, not to exceed $7.50, on the consumer. (Added 1991, No. 246 (Adj. Sess.), § 1.)