What type of information needs consent before being collected for a credit report?

Consent is required for collecting information related to employment purposes due to the sensitive nature of this data. When an employer seeks to obtain a consumer report or background check for hiring, promotion, or other employment-related decisions, they must first secure consent from the individual. This ensures that individuals are aware of and agree to the collection of their personal information, which is in line with privacy and fair reporting standards outlined in the Fair Credit Reporting Act (FCRA).

The other types of information listed do not require explicit consent from the individual before they can be collected for credit reporting purposes. Financial delinquencies and credit history from previous lenders are typically collected as part of a person's credit profile without needing specific consent each time that information is accessed, as it is considered part of the consumer's credit history. Basic identification details are also collected routinely and are not subject to the same consent requirements as employment-related information.