New York S02248 mandates consumer reporting agencies to notify consumers when their reports are requested and to provide details about the request.
New York S02248 amends the general business law to require consumer reporting agencies to contact consumers when a request is made for their consumer reports. The agencies must notify consumers by mail or electronic mail. Additionally, the bill requires these agencies to provide consumers with information about the entity that requested the report, including the name of the person or entity, the nature of the request, the date of the request, and the amount of any potential loan related to the request. This provision aims to enhance transparency and protect consumer rights.
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