Written By ESR News Blog Editor Thomas Ahearn The loan-servicing arm of a Texas-based auto dealer will pay $82,777 in civil penalties as part of a settlement to address Federal Trade Commission (FTC) charges that the company violated the federal Fair Credit Reporting Act (FCRA) Furnisher Rule by failing to have written policies and …Continue reading "Data Furnisher to Pay Over $82,000 to Settle FTC Charges of FCRA Violations"
Written By ESR News Blog Editor Thomas Ahearn The Federal Trade Commission (FTC) has released a detailed report – ‘Internet of Things: Privacy & Security in a Connected World’ – that recommends best practices that businesses can follow to enhance and protect the privacy and security of American consumers in a world of Internet-connected devices.Continue reading "FTC Report on Internet of Things Urges Best Practices"
Written By ESR News Blog Editor Thomas Ahearn A follow-up study of credit report accuracy issued by the Federal Trade Commission (FTC) has found that most consumers with previously reported unresolved errors on their credit reports believe that some disputed information on those reports is still inaccurate, according to an FTC press release. The study …Continue reading "FTC Issues Credit Report Accuracy Study"
Written By ESR News Blog Editor Thomas Ahearn The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) have filed a joint amicus brief advocating for the seven-year reporting period for non-conviction records found in the federal Fair Credit reporting Act (FCRA) to begin on date of the charge or filing and not …Continue reading "FTC and CFPB Interpret FCRA Reporting for Non-Conviction Records"
Written By ESR News Blog Editor Thomas Ahearn The Federal Trade Commission (FTC) has issued a follow-up guide – Background Checks – Tips For Job Applicants and Employees – that expands on a March 2014 joint publication of the Equal Employment Opportunity Commission (EEOC) and the FTC: Background Checks: What Job Applicants and Employees Should …Continue reading "FTC Issues Follow Up Guide for Background Checks"
Written By Thomas Ahearn The Federal Trade Commission (FTC) has issued a report – “Data Brokers: A Call for Transparency and Accountability” – that claims data brokers operate with a fundamental lack of transparency and recommends Congress consider enacting legislation to make data broker practices more visible to consumers and to give consumers greater control …Continue reading "FTC Issues Report Examining Data Brokers"
Written By Thomas Ahearn The Federal Trade Commission (FTC) is warning small businesses that an email with a subject line of “Pending consumer complaint” that falsely states a complaint has been filed against their company is not from the FTC. The FTC advises recipients of the email not to click on any links or attachments …Continue reading "FTC Warns of False Consumer Complaint Emails"
Written By Thomas Ahearn Two data brokers that sell public record information about consumers have agreed to settle Federal Trade Commission (FTC) charges that they violated the Fair Credit Reporting Act (FCRA) by allegedly providing reports about consumers to users such as prospective employers and landlords without taking reasonable steps to make sure that they …Continue reading "Data Brokers Settle FTC Charges of FCRA Violations"
Written By Thomas Ahearn The Federal Trade Commission (FTC) has announced that identity theft has topped the list of national consumer complaints once again for 2013 and that U.S. consumers reported losing more than $1.6 billion to fraud overall. The FTC’s Consumer Sentinel Network (CSN) Data Book 2013 found that 290,056 of the more than …Continue reading "Identity Theft Tops Federal Trade Commission List of Consumer Complaints"
The U.S. Equal Employment Opportunity Commission (EEOC), the agency enforcing federal laws prohibiting employment discrimination, and the Federal Trade Commission (FTC), an agency that promotes consumer protection and fair business practices, are among the many federal agencies related to the workplace that are closed during the government shutdown that began October 1, 2013. The EEOC …Continue reading "EEOC and FTC Among Many Federal Agencies Closed During Government Shutdown"