Bill Restricting Credit Checks by Employers in U.S. Senate after Passing House

Written By ESR News Blog Editor Thomas Ahearn On January 29, 2020, the U.S. House of Representatives passed a legislative package to overhaul the nation’s credit reporting system called the “Comprehensive CREDIT (Credit Reporting Enhancement, Disclosure, Innovation, and Transparency) Act of 2020” (H.R. 3621) that included the “Restricting Use of Credit Checks for Employment Decisions…

Partial Settlement Reached with Equifax and TransUnion Over Alleged FCRA Violations with Credit Files

Written By ESR News Blog Editor Thomas Ahearn A partial settlement has been reached in a lawsuit against three major credit reporting agencies – Equifax, Experian, and TransUnion – over alleged violations of the federal Fair Credit Reporting Act (FCRA) due to inaccurate credit files, with a notice stating that a partial settlement was reached between…

New York Proposes Regulations for Credit Reporting Agencies in Response to Equifax Data Breach

Written By ESR News Blog Editor Thomas Ahearn In response to the massive Equifax data breach that exposed the personal data of approximately 143 million U.S. consumers – almost half the country – Governor Andrew Cuomo has directed the New York Department of Financial Services (NYDFS) to issue a proposed regulation that would require credit reporting agencies…

District of Columbia Council Passes Fair Credit in Employment Amendment Act to Ban Credit Checks by Employers

  Written By ESR News Blog Editor Thomas Ahearn The Council for the District of Columbia (D.C.) has passed the “Fair Credit in Employment Amendment Act” (Bill 21-244) to amend the Human Rights Act of 1977 and prohibit employers from taking discriminatory action against job applicants and current employees based on their credit report information.

Credit Reporting Agencies to Pay $7.1 Million to State of Mississippi over Credit Report Errors

  Written By ESR News Blog Editor Thomas Ahearn The nation’s three major credit reporting agencies—Equifax, Experian, and TransUnion—will pay the state of Mississippi a total of $7.175 million and two of the agencies will offer Mississippians unlimited access to free credit reports over the next three years to resolve an investigation into credit report…

New Philadelphia Law Prohibits Employers from Using Credit Information of Employees and Job Applicants

  Written By ESR News Blog Editor Thomas Ahearn The Philadelphia (PA) Ordinance No. 160072 that took effect on July 7, 2016, amends Chapter 9-1100 of The Philadelphia Code entitled “Fair Practices Ordinance: Protections Against Unlawful Discrimination,” by adding a section that prohibits employers from obtaining or using credit information regarding employees and job applicants…