Word of the Day – January 24, 2019

Consumer Report

Acronyms

  • None

Preferred Term

  • None

Non-standard Terms

  • None

Definitions

Type Definition Sources
Record Example This record contains 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 for credit or insurance to be used primarily for personal, family or household purposes, employment purposes, any other authorized purpose and does not include reports containing information solely on transactions or experiences between the consumer and the person making the report, communication of that information among persons related by common ownership or affiliated by corporate control, communication of other information among persons related by common ownership or affiliated by corporate control, if it is clearly and conspicuously disclosed to the consumer that the information may be communicated among those persons and the consumer is given the opportunity, before the time that the information is initially communicated, to direct that the information not be communicated among those persons, any authorization or approval of a specific extension of credit directly or indirectly by the issuer of a credit card or similar device, and any report in which a person, who has been requested by a third party to make a specific extension of credit directly or indirectly to a consumer, conveys his decision with respect to that request, if the third party advises the consumer of the name and address of the person to whom the request was made, and the person makes the disclosures to the consumer required. (used 43 times in citations and controls)
  • Per ISO 704:2009 methodology
Record Example Any written, oral, or other communication of any information by a consumer reporting agency bearing on a consumer’s creditworthiness, 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 for credit, insurance, employment, and other specified purposes. (used 45 times in citations and controls)

Other Forms

Type Other Form
Plural Consumer Reports
Plural Possessive Consumer Reports'
Possessive Consumer Report's

Relationships

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Common Controls

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Citations

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