Common use of General Prohibition on Reporting Inaccurate Information Clause in Contracts

General Prohibition on Reporting Inaccurate Information. The FCRA prohibits information furnishers from providing information to a CRA that they know or have reasonable cause to believe is inaccurate. However, the furnisher is not subject to this general prohibition if it clearly and conspicuously specifies an address to which consumers may write to notify the furnisher that certain information is inaccurate. Sections 623(a)(1)(A) and (a)(1)(C).

Appears in 19 contracts

Samples: Employment Verification Services, Service Agreement, Information Technology Services Agreement (Independent Bank Corp)

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General Prohibition on Reporting Inaccurate Information. The FCRA prohibits information furnishers from providing information to a CRA consumer reporting agency (“CRA”) that they know (or have reasonable cause to believe consciously avoid knowing) is inaccurate. However, the furnisher is not subject to this general prohibition if it clearly and conspicuously specifies an address to which consumers may write to notify the furnisher that certain information is inaccurate. Sections 623(a)(1)(A) and (a)(1)(C).

Appears in 3 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

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General Prohibition on Reporting Inaccurate Information. The FCRA prohibits information furnishers from providing information to a CRA that they know or have reasonable cause to believe is inaccurate. However, the furnisher is not subject to this general prohibition if it clearly and conspicuously specifies an address to which consumers may write to notify the furnisher that certain information is inaccurate. Sections Section 623(a)(1)(A) and (a)(1)(C).

Appears in 3 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

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