When an investigative consumer report is requested, how soon must the consumer be notified?

When an investigative consumer report is requested, the Fair Credit Reporting Act (FCRA) mandates that the consumer must be notified within three days of the request. This requirement is designed to ensure transparency and protect consumer rights by informing individuals that their credit and personal history may be scrutinized as part of the lending or employment process. The three-day timeline allows consumers to be aware of the information that may influence decisions being made about them, and provides an opportunity to address any inaccuracies or concerns related to their report before it is used. This aspect of the FCRA emphasizes the importance of consumer awareness and participation in their own credit reporting process.