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Home > Consumer Information > Personal Finance > Consumer Credit Bill of Rights > What is an Adverse Action Notice?
What is an Adverse Action Notice?

An adverse action notice is to inform you that you have been denied credit, employment, insurance, or other benefits based on information in a credit report. The notice should indicate which credit reporting agency was used, and how to contact them.

You are entitled to a free credit report if:
1. You were denied or were notified of an adverse action related to credit, employment, insurance, a government license, or other government granted benefit within the last 60 days and a credit report was used in the decision process.
2. You were denied a house or apartment rental or were required to pay a higher deposit than normally required within the last 60 days and a credit report was used in the decision process.
3. You certify that you are unemployed and intend to apply for employment within the next 60 days.
4. You certify that you are a recipient of public welfare assistance.
5. You certify that you have reason to believe your credit report contains inaccurate information due to fraud.
   
The Notice


The adverse action notice may be oral, in writing, or in electronic form, and must be received within a reasonable amount of time.

The adverse action notice must:

1. Give notice of the adverse action;
2. Give the name, address, and telephone number of the credit reporting agency which provided the credit report (the telephone number must be toll free if the agency compiles and maintains consumer files on a nationwide basis);
3. Include a statement that the credit reporting agency did not make the decision to take the adverse action and is unable to provide the consumer the specific reasons why the adverse action was taken;
4. Give notice of the consumer's right to obtain a copy of the credit report from the credit reporting agency; and
5. Give notice of the consumer's right to dispute with the credit reporting agency the accuracy or completeness of any information in the credit report.

 
OPRA
OPRA is a state law that was enacted to give the public greater access to government records maintained by public agencies in New Jersey.
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New Jersey Department of Banking and Insurance