The requirement under Sections 75-24-201 through 75-24-217 to place a security freeze on a consumer file does not apply to:
A check service or fraud prevention service company that issues consumer reports:
To prevent or investigate fraud; or
For purposes of approving or processing negotiable instruments, electronic funds transfers or similar methods of payment; or
A deposit account information service company that issues consumer reports related to account closures caused by fraud, substantial overdrafts, automated teller machine abuses or similar negative information regarding a consumer to an inquiring financial institution for use by the financial institution only in reviewing a consumer request for a deposit account with that institution.