What is one requirement under the Fair Credit Reporting Act?

The Fair Credit Reporting Act (FCRA) is designed to promote accuracy and fairness in consumer credit reporting. One key requirement is that creditors and furnishers of information must provide accurate information to credit reporting agencies. This ensures that the information on consumers' credit reports is reliable, which is crucial since a person's credit report impacts their ability to secure loans, housing, and other financial products. By mandating that accurate information is provided, the FCRA helps protect consumers from the consequences of inaccurate reporting, such as denied loans or higher interest rates.

The other options do not align with the provisions of the FCRA. For instance, job applicants must give consent for a credit report to be accessed for employment purposes, which contradicts the idea that no permission is necessary. Consumers are entitled to one free credit report from each major credit bureau annually, rather than every six months, and reports cannot be accessed without a legitimate purpose, ensuring consumer privacy and protection.