WHY HAVE SECONDARY USE POLICIES BEEN GENERATED?
- Posted by Credit Technologies, Inc.
- On September 18, 2018
- 0 Comments
The 3 national credit bureaus (Equifax, Experian, and TransUnion) require that all credit reporting agencies comply with specific procedures to track and report Secondary Use of consumer data by lenders. These Secondary Use Inquiries (SUI) policies were designed to address consumer privacy rights, Fair Credit Reporting Act (FCRA) compliance, and data security issues.
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