Certified Information Privacy Professional – United States (CIPP/US) — Question 207

What consumer service was the Fair Credit Reporting Act (FCRA) originally intended to provide?

Answer options

• A. The ability to receive reports from multiple credit reporting agencies.
• B. The ability to appeal negative credit-based decisions.
• C. The ability to correct inaccurate credit information.
• D. The ability to investigate incidents of identity theft.

Correct answer: C

Explanation

The correct answer is C because the Fair Credit Reporting Act (FCRA) was designed to ensure consumers could correct inaccurate information in their credit reports. Options A, B, and D, while important, do not capture the primary intent of the FCRA, which focuses on the accuracy of credit information.