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Posts Tagged ‘CFPB’

Consumer Financial Protection Bureau report on background screening highlights the importance of compliance!

Earlier this month the CFPB released a report on the background screening industry. The report details how background reports including criminal records are generated, how those reports are used by employers and issues those reports can have with accuracy. The report also explains the potential hire’s rights when consumer reports are used for employment including…

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Changes to Summary of Rights Required by FCRA Effective September 21, 2018

What are the changes? Effective September 21st, the Fair Credit Reporting Act (FCRA) requires a new notice of rights be included whenever a consumer is required to receive a summary of rights required by FCRA section 609. This addition added by the Economic Growth, Regulatory Relief, and Consumer Protection Act and according to an interim…

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