A Texas company has agreed to pay $3 million to settle Federal Trade Commission charges that the company failed to take reasonable steps to ensure the accuracy of tenant screening information that it provided to landlords and property managers, a violation of federal law that caused some potential renters to be falsely associated with criminal […]
Tag Archives: Bureau of Consumer Protection Consumer Protection Privacy and Security Credit Reporting
New FTC Business Guidance for Employment Background Screening Companies Helps With FCRA Compliance
The Federal Trade Commission has created new guidance for businesses aimed at giving employment background screening companies information on how to comply with the Fair Credit Reporting Act (FCRA). The guidance helps companies understand when their work defines them as a consumer reporting agency under the FCRA. Consumer reporting agencies must meet a number of […]
Employment Background Checks: FTC, EEOC Offer Tips for Employers and Job Applicants
Hiring decisions are among the most important choices for any employer, but the process can be complex. For the first time, the Federal Trade Commission (FTC) and the Equal Employment Opportunity Commission (EEOC) have co-published two short guides on employment background checks that explain the rights and responsibilities of the people on both sides of […]
FTC Staff Seeks Comments on Credit Freezes: Impact and Effectiveness
Federal Trade Commission staff is seeking comments on the impact and effectiveness of credit freezes as part of a multi-pronged approach to combat identity theft. Thirty-nine states and the District of Columbia have enacted laws providing consumers the right to place credit freezes, and each of the three nationwide consumer reporting agencies (“CRAs”) is offering […]