Within how many days must consumers be notified in writing about an investigative consumer report?

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Prepare for the Nevada Life and Health Insurance Test. Sharpen your knowledge with flashcards and multiple-choice questions, complete with hints and explanations. Ace your exam!

Consumers must be notified in writing about an investigative consumer report within three days after the report has been requested. This requirement is in accordance with the Fair Credit Reporting Act (FCRA), which aims to ensure that consumers are kept informed about the usage of their personal information in determining eligibility for credit, insurance, or employment. The prompt notification allows consumers to be aware of the data being collected about them and to have the opportunity to correct any inaccuracies, thereby upholding their rights and promoting transparency in the reporting process.

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