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Written By Digital Content Editor Thomas Ahearn
On March 17, 2023, the Consumer Financial Protection Bureau (CFPB) published an updated version of “A Summary of Your Rights Under the Fair Credit Reporting Act” for both the English and Spanish versions pursuant to the Updated and Corrected Agency Contact Information Rule, according to a message on the CFPB website.
The CFPB is issuing this final rule to make non-substantive corrections and updates to CFPB and other Federal agency contact information found at certain locations in Regulation V that implements the FCRA including Federal agency contact information provided with “A Summary of Your Rights Unter the FCRA.”
This final rule – which takes effect April 19, 2023 – also makes various non-substantive changes to Regulation V. However, the mandatory compliance date for the amendments to appendix K to Regulation V is March 20, 2024, according to the final rule. For more information, visit https://reginquiries.consumerfinance.gov/.
The federal Fair Credit Reporting Act (FCRA) promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies (CRAs). Consumers have certain rights under the FCRA. For more information, including information about additional rights, visit www.consumerfinance.gov/learnmore.
Employment Screening Resources (ESR) is a service offering of ClearStar, a leading Human Resources technology company specializing in background checks, drug testing, and occupational health screening. ClearStar helps employers make informed hiring decisions and remain FCRA-compliant. To learn more, contact ClearStar.
NOTE: Employment Screening Resources (ESR) – a service offering of ClearStar – does not provide or offer legal services or legal advice of any kind or nature. Any information on this website is for educational purposes only.
© 2023 Employment Screening Resources (ESR) – A Service Offering of ClearStar – Making copies of or using any part of the ESR News Blog or ESR website for any purpose other than your own personal use is prohibited unless written authorization is first obtained from ESR.
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