Posts Tagged ‘FCRA Compliance’
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…
Read More3 Biggest Compliance Hurdles for Small Businesses
We’ve seen many large businesses paying huge FCRA settlements but small businesses can be caught in costly background check compliance traps as well.
Read MoreFCRA lawsuits have big companies paying out millions for non-compliant background checks
A report last month from Good Jobs First, highlighted the huge amounts big companies are paying out in the face of FCRA lawsuits. These class action lawsuits totaled over $174 million in the past decade, for a wide range of violations. When even big companies are making mistakes that cost millions, how can you be…
Read MoreEmployers must be extra vigilant as high profile news networks cover background screening compliance
A recent report from CBS detailed the dangers of background screening for business owners, but mostly warned candidates of the many non-compliant practice’s in use. As we have shared before, huge corporations like Whole Foods and Home Depot have paid out millions in FCRA class action lawsuits that challenge those companies background check procedures. This…
Read MoreTop 5 Settlements of 2017 for FCRA Violations, Number 1 is Record Breaking!
Compliance doesn’t just protect the applicant, it protects you! FCRA lawsuits for improper background check procedures are costly and below are a few of the highest settlements of 2017. You can bet if these huge companies are falling prey to simple FCRA regulation mistakes, smaller companies must always be vigilant. 5) JPMorgan $1.25 Million. J.P. Morgan…
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