Definition of Terms

Adverse Action
The term adverse action means: 1) a denial or cancellation of, an increase in any charge for, or a reduction or other adverse or unfavorable change in the terms of coverage or amount of, any insurance, existing or applied for, in connection with underwriting of insurance; 2) a denial of employment or any other decision for employment purposes that adversely affects any current or prospective employee; or 3) a denial or cancellation of, an increase in any change for, or any other adverse or unfavorable change in the terms of, any license or benefit described in Section 604, Subsection (A), Subsection (3), Subsection (D).

Consumer Report
The term consumer report means any written, oral, or other communication of any information by a consumer reporting agency bearing on a consumer's credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living, which is used or expected to be used or collected in whole or in part for the purpose of serving as a factor in establishing the consumer's eligibility for a) credit, b) employment purposes, c) any other purpose authorized under Section 604.

Consumer Reporting Agency
The term consumer reporting agency means any person which for monetary fees, dues, or on a cooperative non-profit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer reports to third parties, and which uses any means or facility of Interstate Commerce for the purpose of preparing or furnishing consumer reports.

Employment Purposes
The term employment purposes, when used in connection with a consumer report, means a report used for the purpose of evaluating a consumer for employment, promotion, reassignment or retention as an employee.

Investigative Consumer Report
The term investigative consumer report means a consumer report or portion thereof in which information on a consumer's character, general reputation, personal characteristics, or mode of living is obtained through personal interviews with neighbors, friends, or associates of the consumer reported on, or with others with whom he is acquainted or who may have knowledge concerning any such items of information. However, such information shall not include specific factual information on a consumer's credit record obtained directly from a creditor of the consumer or from a consumer reporting agency when such information was obtained directly from a creditor of the consumer or from the consumer.