What type of information is included in consumer reports?

Consumer reports contain a variety of information about an individual's background, often obtained from multiple sources. The option indicating that consumer reports include employment records and information from public sources is correct.

Consumer reports are comprehensive documents that can reflect an individual’s credit history, employment background, and other relevant public records. This can encompass data such as previous employers, job performance, and any public records like court judgments or bankruptcies, which adds to the overall profile used by organizations, including insurers, in their decision-making processes.

This option accurately depicts the essence of consumer reports compared to other choices, which might limit the scope of what a consumer report typically encompasses. For example, personal history and claims records focus more narrowly on insurance-related claims but don't cover the full spectrum of employment and public records. Financial information only would exclude significant elements that consumer reports might include, and insurance premium rates are specifically related to pricing rather than the broad range of background information found in consumer reports.