Consumer Reports and Investigative Consumer Reports
What is a Consumer Report?
A Consumer Report is defined under the Fair Credit Reporting Act (FCRA) as “any written, oral, or other communication of any information by a consumer reporting agency bearing on a consumer’s credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living which is used or expected to be used or collected in whole or in part for the purpose of serving as a factor in establishing the consumer’s eligibility credit or insurance to be used primarily for personal, family or household purposes; employment purposes; or any other purpose authorized under Section 604 of the FCRA.” In general, Consumer Reports contain factual information, including criminal records, credit reports, educational verifications and motor vehicle records.
What is an Investigative Consumer Report?
An Investigative Consumer Report is defined under the FCRA as “consumer report or portion thereof in which information on a consumer’s character, general reputation, personal characteristics, or mode of living is obtained through personal interviews with neighbors, friends, or associates of the consumer reported on or with other with whom he is acquainted or who may have knowledge concerning any such items of information.”
In general, Investigative Consumer Reports contain opinions about your applicants/employees, including employment performance related issues and reference verification.
BackTrack provides both types of reports to our clients for employment purposes.