What can unauthorized disclosure of information from a consumer - ProProfs Discuss
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What can unauthorized disclosure of information from a consumer report by an employee of a consumer reporting agency result in?

Asked by Maria elena, Last updated: Jul 03, 2022

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2 Answers

Malcolm Carneal

Malcolm Carneal

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Malcolm Carneal
Malcolm Carneal, Digital Nomad, MCA, Vienna

Answered Jun 28, 2018

Once in a while, basic information such as name, address, and contact numbers are collected from people when they applied for a service or purchased a product. A consumer reporting agency also collects these personal information from individuals and also their credit activities. An important job of these agencies is to keep every consumers data safe and private.

If an individual decided to increase their credit card limit or want to purchase a house or a luxury car, these data will be made available to investigate whether that individual is creditworthy or not. But if an employee of the reporting agency reveals information of a consumer without authorization, they will need to pay a fine and/or will face two years in jail.

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John Smith

John Smith

John Smith
John Smith

Answered May 22, 2017

A fine and/or 2 years in jail.
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