What type of information must be included in an adverse action notice?

The correct answer is the requirement to include the name of the credit agency that provided the report. Under the Fair Credit Reporting Act (FCRA), when a consumer is denied credit, insurance, or employment based on information from a consumer report, they must receive an adverse action notice. This notice is intended to inform consumers about the action taken against them and to ensure transparency in the process.

Including the name of the credit reporting agency in the adverse action notice is essential because it allows consumers to understand which agency's report was used to make the decision. This transparency is vital as it empowers consumers to obtain their credit report from that agency, check for inaccuracies, and take steps to dispute any errors if necessary.

While other options might seem relevant, they do not meet the specific legal requirements for an adverse action notice. For instance, including a consumer's credit score and rating, details on how to improve the score, or a list of recent inquiries is not mandated by the FCRA in the context of adverse action notices. The emphasis is primarily on ensuring that consumers are aware of the source of the information that led to the adverse action.