Topic: Fair Credit Reporting Act

Employers Must Update Background Check FCRA Forms by January 1, 2013

Businesses that use consumer credit reports and background checks to evaluate candidates and employees must begin using the Consumer Financial Protection Bureau’s new Summary of Rights form by January 1, 2013. The Fair Credit Reporting Act (FCRA) requires employers both to disclose their intent to request consumer reports, and to obtain authorization for doing so.… Read more »

Doc of the Day: Littler on “40 Years of Experience with the Fair Credit Reporting Act”

Littler’s analysis of the Federal Trade Commission’s 40 Years of Experience with the Fair Credit Reporting Act report. Who should read it? Every employer who uses credit reports for employment purposes. Why? “For many years, it was relatively uncommon to see lawsuits or FTC enforcement actions against employers for alleged violations of the [Fair Credit… Read more »