Legal Question in Business Law in New York
credit reports
we are looking to start a business consulting people on there credit scores. we would have to pull are clients credit score, would there have to be any legal contracts involved to protect bolth parties, and further more is there any laws out there saying we need lisenceing
2 Answers from Attorneys
Re: credit reports
Mr. Gonzalez is correct. However, to answer the second part of your question, if this business was in New York you would not need a license. However, if the business was conducted over the internet or in multiple States, you would have to conduct a State by State search.
Mike.
Re: credit reports
you should have your clients sign releases permitting you to run the search...
any attorney could write something up for you for a reasonable fee, which you could then use with all your future clients...
any further questions feel free to contact my office at 212.709.8303
Related Questions & Answers
-
Problem with a client who is also a lawyer I am in the middle of a dispute with a... Asked 8/12/08, 10:32 pm in United States New York Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
