12.04.06
Supreme Court reviews FCRA and credit-scoring
Because your credit rating now affects how much you pay for your insurance policy, the U S Supreme court has been asked to rule on whether or not the consumer must be notified that s/he is being charged a higher insurance premium because of her/his credit rating. The issue is “Does charging a higher rate to consumers with a poor credit rating fall under the protection and rules of the Fair Credit Reporting Act (FCRA?)
Read the latest at: http://www.insurancejournal.com/news/national/2006/11/29/74615.htm
see also the blog article “Do you have a clue how your credit rating affects your insurance premium?”