Fair Credit Reporting Amendments of 1979

[AI summary unavailable — showing source text] Fair Credit Reporting Amendments of 1979 - Amends the Fair Credit Reporting Act. Raises monetary limits related to credit transactions and employment, below which consumer reporting agencies are prohibited from reporting of obsolete information. Prohibits a person from procuring or causing to be prepared an investigative consumer report or general investigative report without the consumer's specific written authorization. Prohibits disclosure of medical information to consumer reporting agencies unless the consumer is given certain information. Requires consumer reporting agencies to assure accuracy in accordance with Federal Trade Commission (FTC) regulations. Requires that sources of information acquired solely in preparing reports be disclosed if a consumer disputes the accuracy of any information. Requires the disclosure of consumer reports used for employment purposes which contain information which may be adverse to the consumer. Prohibits consumer reporting agencies from maintaining a file on any consumer without notifying the consumer. Revises the conditions for disclosing information to the consumer. Requires consumer reporting agencies to notify the consumer of the result…