FTC and CFPB seek public comment on background screening and renters’ housing
The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) are requesting comment on background screening issues affecting individuals who seek rental housing in the U.S., including how the use of criminal and eviction records and algorithms affect tenant screening decisions and may drive discriminatory outcomes. Today, renters are facing a range of challenges […]
Scammers using fake job ads to steal people’s identities
Excerpted from a ProPublica blog by Cezary Podkul It has become a ubiquitous internet ad, with versions popping up everywhere from Facebook and LinkedIn to smaller sites like Jobvertise: Airport shuttle driver wanted, it says, offering a job that involves picking up passengers for 35 hours a week at an appealing weekly pay rate that […]
The “Seven-year Rule” for adverse information
What is the “Seven-year Rule?” When reading the Fair Credit Reporting Act (FCRA), you see that it allows non-conviction criminal information to be reported for up to seven years. A question that often comes up is, when does the seven-year count begin? What is a record? First of all, let’s clarify what a record is. […]
FTC: Fair Credit Reporting Act still a top priority
Excerpted from a PYMNTS blog The Federal Trade Commission testified on Thursday (July 12) that enforcement of the Fair Credit Reporting Act (FCRA) remains a top priority. “FCRA enforcement continues to be a top priority for the Commission. With the advent in 2011 of the Bureau’s supervisory authority over the nationwide credit bureaus and the […]