Under the FCRA, which of the following must be included in an adverse action notice if credit is denied?

The correct answer indicates that all specified elements must be included in an adverse action notice when credit is denied under the Fair Credit Reporting Act (FCRA). Including contact information for the credit bureau involved is essential because it allows consumers to understand where the negative information originated and provides them an avenue to dispute any inaccuracies or errors in their credit report.

A statement that the credit bureau was not involved is important as it clarifies the source of the information leading to the adverse action, especially if the credit decision was based on alternative data factors. Furthermore, informing the consumer of their right to obtain a credit report is a critical component of transparency, as it empowers them to access the information that influenced the decision and address any discrepancies they might find.

Including all of these factors in an adverse action notice promotes consumer protection and aligns with the objectives of the FCRA, which aims to ensure that consumers are well-informed about their credit situations and the reasons behind adverse credit decisions.