FCRA requirements relating to obsolete information in consumer reports

What this document is

15 U.S.C. s. 1681c: FCRA requirements relating to obsolete information in consumer reports is a state statute published by U.S. Government Publishing Office (govinfo.gov). It is one of the documents that insurance license exam questions are written from, including life & health, property & casualty, personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• 15 U.S.C. § 1681c: Subsection (a)(5) (Residual Adverse Item Bar)

  “(4) Accounts placed for collection or charged to profit and loss which antedate the report by more than seven years. (5) Any other adverse item of information, other than records of convictions of crimes which antedates the report by more than seven years.”

• 15 U.S.C. § 1681c: Subsection (a)(1) (Obsolete Bankruptcy Information)

  “(1) Cases under title 11 or under the Bankruptcy Act that, from the date of entry of the order for relief or the date of adjudication, as the case may be, antedate the report by more than 10 years.”

• 15 U.S.C. § 1681c: Subsection (a)(2) (Obsolete Civil Judgment Information)

  “(2) Civil suits, civil judgments, and records of arrest that, from date of entry, antedate the report by more than seven years or until the governing statute of limitations has expired, whichever is the longer period.”

• 15 U.S.C. § 1681c(a)(6) (Requirements relating to information contained in consumer reports; information excluded, medical information furnisher identity)

  “(6) The name, address, and telephone number of any medical information furnisher that has notified the agency of its status, unless - (A) such name, address, and telephone number are restricted or reported using codes that do not identify, or provide information sufficient to infer, the specific...”

• 15 U.S.C. s. 1681c(a)(3) (Information excluded from consumer reports; paid tax liens)

  “(3) Paid tax liens which, from date of payment, antedate the report by more than seven years.”

Practice this material

Questions about this source

More Federal sources sources

• Coverage for Pre-existing Conditions (Affordable Care Act) - HealthCare.govFederal guidance
• 20 C.F.R. § 404.1520 -- Evaluation of Disability in General (the five-step sequential evaluation process)Regulation
• Parts of Medicare (Medicare & You / medicare.gov)Federal guidance
• Continuation of Health Coverage (COBRA) - U.S. Department of LaborReference
• Portability of Health Coverage (HIPAA) - U.S. Department of LaborReference
• Fair Credit Reporting Act - 15 U.S.C. § 1681a (Definitions)State statute
• 15 U.S.C. s. 1681b: FCRA permissible purposes of consumer reportsState statute
• 15 U.S.C. s. 1681d: FCRA disclosure of investigative consumer reportsState statute