What information must be disclosed to an applicant under the Fair Credit Reporting Act?

Under the Fair Credit Reporting Act (FCRA), when an applicant is rejected due to information obtained from a consumer reporting agency, the applicant must be informed of the name and address of that agency. This requirement ensures transparency and provides individuals with the opportunity to investigate the information that led to their rejection. It is a critical consumer protection measure that promotes fairness in the credit reporting process, allowing applicants to understand and, if necessary, dispute any inaccuracies in their credit report that may have influenced the decision regarding their application.

The other listed options do not align with the requirements set forth by the FCRA. The disclosure of insurance agents' names or the company's profit margins is not mandated by the FCRA, nor is it relevant in the context of a credit report. Similarly, while informing an applicant about the insurance premium amount is important, it is not required under the Fair Credit Reporting Act.