Under the Fair Credit Reporting Act, which of the following is NOT a consumer right?

The Fair Credit Reporting Act (FCRA) is designed to promote fairness, accuracy, and privacy of information in the files of consumer reporting agencies. Under this act, consumers are granted several rights to ensure they have control over their credit information and can correct inaccuracies.

One of the fundamental rights provided by the FCRA is for consumers to request a copy of their credit report from credit reporting agencies. This allows consumers to review their financial information, check for errors, and understand what is being reported about them. Additionally, consumers have the right to make written statements regarding negative information in their report, which must be included with the report. This empowers them to provide context or dispute specific entries.

Furthermore, while consumers do have the right to be interviewed regarding information in their report, this is not a mandatory provision and does not have the same weight as the right to challenge inaccuracies.

On the other hand, implying that an applicant needs to hire legal representation to challenge erroneous information is incorrect. The FCRA allows consumers to dispute inaccuracies directly with the credit reporting agency without requiring legal assistance. In fact, the process is designed to be accessible to consumers to increase fairness in credit reporting. Hence, the idea that legal representation is a necessity to address these issues is a misconception