AN ACT TO AUTHORIZE THE PLACEMENT OF A PROTECTED CONSUMER SECURITY FREEZE ON A PROTECTED CONSUMER'S CREDIT REPORT.
Senate committee substitute makes the following changes to 2nd edition.
Repeals GS 75-63(o1) of the Identity Theft Prevention Act, which allows a parent or guardian of a minor to inquire of a nationwide consumer reporting agency as to the existence of a credit report for the minor and requires the reporting agency to make reasonable efforts to prevent providing a credit report on the minor until the minor reaches the age of majority.
Amends GS 75-63.1 to prevent a consumer reporting agency from charging a fee for placement or removal of a security freeze if the consumer's representative submits a copy of a valid investigative or incident report or complaint with a law enforcement agency (was, has obtained a report of alleged identity theft or fraud).
Allows release of a consumer report or file, despite a security freeze, for purposes of a credit file monitoring subscription service to which the protected consumer has subscribed (was, credit reporting service as defined in GS 75-134) or to a consumer reporting agency (was, a person) providing a protected consumer with a copy of the consumer's credit report upon request of the consumer.
Creates an exception from the requirement to place a security freeze on a credit report for check services or fraud prevention services companies, deposit account information service companies, certain consumer reporting agencies that resell credit information assembled in a database of one or more credit reporting agencies, and certain consumer reporting agencies that maintain credit information for purposes other than credit granting purposes, such as fraud prevention or detection and background screening.
Amends GS 130A-101 to include fathers and legal guardians (was, just mothers) among the persons who should receive information about consumer security freezes from the person responsible for preparing birth certificates when a birth occurs.
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