§ 24-5-24-13 — Notice with written disclosure; content

Indiana § 24-5-24-13

• Jurisdiction: Indiana
• Art. 5: CONSUMER SALES
• Ch. 24: Security Freezes for Consumer Reports

Text

A consumer reporting agency shall provide
to a consumer notice with each written disclosure by the consumer
reporting agency as required under Section 609 of the federal Fair
Credit Reporting Act (15 U.S.C. 1681g) that the consumer may place
a security freeze on the consumer's consumer report. The notice under
this section must be in the following form:
"UNDER IC 24-5-24, YOU MAY OBTAIN A SECURITY
FREEZE ON YOUR CONSUMER REPORT TO PROTECT
YOUR PRIVACY AND ENSURE THAT CREDIT IS NOT
GRANTED IN YOUR NAME WITHOUT YOUR
KNOWLEDGE. THE SECURITY FREEZE WILL PROHIBIT A
CONSUMER REPORTING AGENCY FROM RELEASING
ANY INFORMATION IN YOUR CONSUMER REPORT
WITHOUT YOUR EXPRESS AUTHORIZATION OR
APPROVAL. THE SECURITY FREEZE IS DESIGNED TO
PREVENT CREDIT LOANS AND SERVICES FROM BEING
APPROVED IN YOUR NAME WITHOUT YOUR CONSENT.
WHEN YOU PLACE A SECURITY FREEZE ON YOUR
CONSUMER REPORT, WITHIN TEN (10) BUSINESS DAYS
YOU WILL BE PROVIDED A PERSONAL IDENTIFICATION
NUMBER TO USE IF YOU CHOOSE TO REMOVE THE
SECURITY FREEZE OR TO TEMPORARILY AUTHORIZE
THE RELEASE OF YOUR CONSUMER REPORT FOR A
PERIOD OF TIME OR TO A SPECIFIC PERSON AFTER THE
SECURITY FREEZE IS IN PLACE. A SECURITY FREEZE
DOES NOT APPLY TO PERSONS OR ENTITIES LISTED IN
IC 24-5-24-11. IF YOU ARE ACTIVELY SEEKING CREDIT,
YOU SHOULD UNDERSTAND THAT THE PROCEDURES
INVOLVED IN LIFTING A SECURITY FREEZE MAY SLOW
YOUR OWN APPLICATIONS FOR CREDIT. YOU HAVE A
RIGHT TO BRING A CIVIL ACTION AGAINST SOMEONE
WHO VIOLATES YOUR RIGHTS UNDER IC 24-5-24.".

Legislative History

As added by P.L.104-2007, SEC.1.