16 CFR Part 641 — Duties of Users of Consumer Reports Regarding Address Discrepancies

PART 641—DUTIES OF USERS OF CONSUMER REPORTS REGARDING ADDRESS DISCREPANCIES Authority: Pub. L. 108-159, sec. 315; 15 U.S.C. 1681c(h); 12 U.S.C. 5519(d). Source: 74 FR 22644, May 14, 2009, unless otherwise noted. § 641.1 Duties of users of consumer reports regarding address discrepancies. (a) Scope. (b) Definition. notice of address discrepancy (c) Reasonable belief Requirement to form a reasonable belief. (2) Examples of reasonable policies and procedures. (A) Obtains and uses to verify the consumer's identity in accordance with the requirements of the Customer Identification Program (CIP) rules implementing 31 U.S.C. 5318(l) (31 CFR 103.121); (B) Maintains in its own records, such as applications, change of address notifications, other customer account records, or retained CIP documentation; or (C) Obtains from third-party sources; or (ii) Verifying the information in the consumer report provided by the consumer reporting agency with the consumer. (d) Consumer's address Requirement to furnish consumer's address to a consumer reporting agency. (i) Can form a reasonable belief that the consumer report relates to the consumer about whom the user requested the report; (ii) Establishes a continuing relationship with the consumer; and (iii) Regularly and in the ordinary course of business furnishes information to the consumer reporting agency from which the notice of address discrepancy relating to the consumer was obtained. (2) Examples of confirmation methods. (i) Verifying the address with the consumer about whom it has requested the report; (ii) Reviewing its own records to verify the address of the consumer; (iii) Verifying the address through third-party sources; or (iv) Using other reasonable means. (3) Timing. [74 FR 22644, May 14, 2009, as amended at 86 FR 51819, Sept. 17, 2021]

Related documents

• 8 CFR Part 342 — Administrative Cancellation of Certificates, Documents, or Records#504820
• Q-TIE: A Lightweight and Generalizable Re-ranking Framework for Temporal Information Retrieval#1050071
• 39 CFR Part 954 — Denial, Suspension, or Revocaton of Periodicals Mail Privileges#509309
• 39 CFR Part 3065 — Rules for Letters Carried out of the Mail#509345
• WHEREIS: IP Address Registration Geo-Consistency#1056345