Robert applies to Northern National Bank for a loan. Before
granting the loan, Northern requests that Callis Credit Agency
provide it with a credit report on Robert. Callis reports that
three years earlier, Robert had embezzled money from his
employer. Based on this report, Northern rejects Robert’s loan
application.
a. Robert demands to know why the loan was rejected, but
Northern refuses to divulge the information, arguing
that it is privileged. Is Robert entitled to the information?
Explain.
b. Assume that Robert obtains the information and alleges
that it is inaccurate. What recourse does Robert have