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FEDERAL LAW · PRE-VERIFIED

Adverse Action Notice — Credit Denial Rights

Fair Credit Reporting Act · 15 U.S.C. § 1681m

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When you are denied credit, insurance, or employment because of your credit report, the lender must send you an adverse action notice identifying the bureau used and your right to a free copy of the report within 60 days.

Primary Statute

Fair Credit Reporting Act

15 U.S.C. § 1681m

Section 615 requires any person who takes adverse action based on a consumer report to notify the consumer, identify the consumer reporting agency used, and advise the consumer of their right to a free copy of the report within 60 days and their right to dispute its accuracy.

https://www.ftc.gov/legal-library/browse/statutes/fair-credit-reporting-act

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