If a consumer dispute about data accuracy is not resolved, what right may they exercise?

The correct answer is that a consumer may add a brief statement to their credit file if a dispute about data accuracy is not resolved. Under the Fair Credit Reporting Act (FCRA), consumers have the right to request that a statement explaining their position be included in their credit report when they assert that there is an error on their report that has not been rectified. This statement allows consumers to present their side of the story to potential creditors, which can be particularly advantageous in demonstrating that there are inaccuracies in their credit history.

This process helps to ensure consumers have a voice in their credit reporting and can mitigate potential negative impacts from unresolved disputes. Including a brief statement does not necessarily change the information on the report but provides context for any discrepancies that may affect their creditworthiness.

While other choices may seem relevant, they do not match the rights guaranteed under the FCRA in the context of an unresolved dispute. For instance, receiving free monthly credit reports is not a right specifically tied to unresolved disputes, and requiring a credit reporting agency (CRA) to cease reporting is not an option allowed for this circumstance. Additionally, filing a formal complaint with the Federal Reserve pertains more to regulatory issues and oversight rather than individual dispute resolution rights. Thus, the option to add a brief statement