New York A06862 requires consumer reporting agencies to notify consumers when their reports are requested and provide details about the request.

New York A06862 amends the general business law to mandate that consumer reporting agencies notify consumers when a request for their consumer report is made. The notification must be sent by mail or electronic mail. Once notified, consumers can request further information from the agency, including the name of the entity that requested the report, the nature of the request, the date of the request, and the amount of any potential loan related to the request. The consumer must provide sufficient proof of identification to receive this information.

New York A06862 requires consumer reporting agencies to notify consumers when their reports are requested and provide details about the request.

New York A06862 amends the general business law to mandate that consumer reporting agencies notify consumers when a request for their consumer report is made. The notification must be sent by mail or electronic mail. Once notified, consumers can request further information from the agency, including the name of the entity that requested the report, the nature of the request, the date of the request, and the amount of any potential loan related to the request. The consumer must provide sufficient proof of identification to receive this information.