The credit bureaus have compiled large databases about most people living in the United States. This information has been proven useful for other non-credit purposes by private investigators, insurance companies, employers, marketers etc, but has been provided as such without consumers knowledge or permission. In addition, the lack of regulation raises concerns that information thus provided could be used for fraud or other purposes that are not desired by consumers. Limit access only for certain pre-approved categories of reasons. Each category entails only pre-determined portions of the record.
Consumers have a right to accept or deny a use in each category.
Limit access to specific pre-approved groups of qualified recipients. Qualification to certain categories may require federal licensing. Bureaus will be responsible to keep complete records and audit trail on all requests and accesses. Bureaus will report all accesses to the subject person periodically or by request, and make their records available in disputes. Recipients will be liable for unauthorized USE of accessed information.