Written By ESR News Blog Editor Thomas Ahearn On July 12, 2018, the Federal Trade Commission (FTC) – a U.S. government agency promoting consumer protection – testified before the Senate Banking, Housing, and Urban Affairs Committee that “vigorous” enforcement of the Fair Credit Reporting Act (FCRA) remains a top priority and outlined efforts to educate …Continue reading "FTC Testifies Before Senate Committee that Enforcement of FCRA Remains a Top Priority"
Written By ESR News Blog Editor Thomas Ahearn The Consumer Financial Protection Bureau (CFPB) has released a special report that details the problems in the credit reporting industry that the CFPB has uncovered and corrected through oversight work and outlines actions the CFPB has taken to address these problems such as fixing data accuracy …Continue reading "CFPB Releases Report Detailing Problems in Credit Reporting Industry"
Written By ESR News Blog Editor Thomas Ahearn A Federal Trade Commission (FTC) blog entitled ‘Background checks? Don’t double-dip.’ reminds users who receive information from Consumer Reporting Agencies (CRAs) that compile consumer reports containing the employment, income, and criminal history of consumers that they must comply with the federal Fair Credit Reporting Act (FCRA) and …Continue reading "FTC Reminds Users of Consumer Reports of their Obligations Under the FCRA"
Written By ESR News Blog Editor Thomas Ahearn The Federal Trade Commission (FTC) is seeking public comment on the Disposal Rule formally known as the ‘Disposal of Consumer Report Information and Records Rule’ which implements part of the Fair and Accurate Credit Transactions Act of 2003 (FACTA) by requiring consumer report information for business purposes …Continue reading "FTC Requests Public Comment on Disposal Rule for Consumer Report Information and Records"
Written By ESR News Blog Editor Thomas Ahearn U.S. Senator Claire McCaskill (D-Missouri) has written a letter to 21 Consumer Reporting Agencies (CRAs) requesting information about the uses of specialty consumer reports and examining the practices of specialty CRAs after receiving complaints from individuals who encountered trouble removing incorrect information from – or even learning …Continue reading "Senator Requests Information from Consumer Reporting Agencies about Consumer Protection"
Breaking News Written By ESR News Blog Editor Thomas Ahearn The Federal Trade Commission (FTC) has released new guidance for companies in the business of compiling background information for employment purposes called “What Employment Background Screening Companies Need to Know About the Fair Credit Reporting Act (FCRA)” in order to help these companies understand …Continue reading "FTC Releases New Guidance for Employment Background Screening Companies to Help with FCRA Compliance"
Written By ESR News Blog Editor Thomas Ahearn The Consumer Financial Protection Bureau (CFPB) has issued Compliance Bulletin 2016-01 regarding compliance with the federal Fair Credit Reporting Act (FCRA) that emphasizes the obligation of data furnishers under Regulation V to establish and implement written policies and procedures regarding the accuracy and integrity of information being …Continue reading "CFPB Issues Compliance Bulletin on FCRA Requirements for Data Furnishers"
Written By ESR News Blog Editor Thomas Ahearn A New York federal judge has granted final approval to a $4.75 million settlement in class action lawsuit against a background check company for alleged violations of the federal Fair Credit Reporting Act (FCRA), according to a report on the TopClassActions.com website.Continue reading "Judge Approves $4.75 Million Settlement against Background Check Firm in FCRA Lawsuit"
Written By ESR News Blog Editor Thomas Ahearn Effective July 1, 2015, a new law in Georgia – House Bill 328 (HB 328) – will enact similar protections offered to consumers under Section 613 of the federal Fair Credit Reporting Act (FCRA). The text of Georgia HB 328 is at http://www.esrcheck.com/file/GeorgiaHB328.pdf.Continue reading "Georgia Law Taking Effect July 1 Offers FCRA Protections"
Written By ESR News Blog Editor Thomas Ahearn Employment Screening Resources® (ESR) – ‘The Background Check Authority®’ – will present a complimentary webinar hosted by ESR founder and CEO Attorney Lester Rosen titled ‘Common Ways Consumer Reporting Agencies are Sued Under the FCRA’ on Tuesday, May 12, 2015 at 11:00 AM to 12:00 Noon …Continue reading "Employment Screening Resources to Present Webinar on Ways CRAs are Sued Under FCRA"