Whenever a consumer reporting agency prepares a consumer report, the agency shall follow reasonable procedures to assure maximum possible accuracy of the information concerning the consumer about whom the report relates, including the use of the consumer's social security number if, in accordance with section 5-18-104 (1)(c)(I), the consumer's social security number is provided to the consumer reporting agency by a person intending to use the information contained in a consumer report in connection with a credit transaction involving the consumer and the social security number was initially provided to the user by the consumer in connection with that transaction.
Source: L. 2017: Entire article added with relocations, (HB 17-1238), ch. 260, p. 1117, § 3, effective August 9.
Editor's note: This section is similar to former § 12-14.3-103.5 as it existed prior to 2017.
Structure Colorado Code
Title 5 - Consumer Credit Code
Article 18 - Colorado Consumer Credit Reporting Act
§ 5-18-102. Legislative Declaration
§ 5-18-104. Permissible Purposes - Prohibition
§ 5-18-105. Consumer Reports - Accuracy of Information
§ 5-18-106. Disclosures to Consumers
§ 5-18-107. Credit Scoring Related to the Extension of Credit Secured by a Dwelling - Definition
§ 5-18-108. Charges for Certain Disclosures
§ 5-18-109. Reporting of Information Prohibited
§ 5-18-110. Procedure for Disputed Information
§ 5-18-111. Consumer Report Information Block
§ 5-18-112. Security Freeze - Timing - Covered Entities - Cost
§ 5-18-112.5. Security Freeze for Protected Consumers
§ 5-18-113.5. Notice of Rights Regarding Protected Consumers
§ 5-18-115. Security Freeze - Exemptions
§ 5-18-116. Consumer's Right to File Action in Court or Arbitrate Disputes