Fair Commercial Reporting Practices Act of 1980

[AI summary unavailable — showing source text] Fair Commercial Reporting Practices Act of 1980 - Sets forth rights and procedures applicable to businesses which are the subject of commercial credit reports. Excludes from the coverage of this Act any consumer reporting agency, consumer report, or user of information which is governed by the Fair Credit Reporting Act. Delimits the circumstances in which a commercial reporting agency may furnish a commercial report. Requires a user of a commercial report to notify a person in writing whenever credit, insurance, or other benefits have been denied (or charges increased) based on a commercial report. Requires such notification to include: (1) the identity of the commercial reporting agency; and (2) such person's right to request a copy of the report and to correct an erroneous report. Requires a commercial reporting agency, upon request of any person, to: (1) disclose all information in its files on such person; (2) permit all such information to be copied; (3) disclose to such person the sources of all information; and (4) disclose the names of all recipients of any commercial report which the agency has furnished within a six-month period. Directs a commercial reporting agency to r…