Businesses are required to let an applicant know why they were rejected. Thanks to the Fair Credit Reporting Act (FCRA), there are laws put into place to make sure applicants are informed of their rights. Failure to implement this step of the background check process...
Employers want peace of mind over a potential new hire. Performing background checks is an excellent way to make sure you are making the right hiring decision. There are many laws that companies need to follow, so it’s essential to have a background check plan...
On September 12, 2018, the Bureau of Consumer Financial Protection issued an interim final rule to update the model Summary of Consumer Rights and model Summary of Consumer Identity Theft Rights provided in Appendices I and K to Regulation V, which implement the Fair...
One of the most frequent questions that we receive from our clients is whether their organization has to abide by the terms of the Fair Credit Reporting Act (FCRA) if they are not seeking an applicant’s credit information. The simple answer is yes. And here’s why… The...
by Thomas Wright, Satisfaction Executive SELECTiON.COM® The Consumer Financial Protection Bureau (CFPB) has been in the news a lot recently with its first and only director, former Ohio Attorney General Richard Cordray, stepping down the day after Thanksgiving and...
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