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Posts Tagged with ”Credit Reporting”

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Credit bureaus announce removal of all tax liens from consumer credit reports

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The three nationwide credit bureaus – TransUnion, Experian, and Equifax – are making changes to their reporting of public record data in consumer credit reports.   Read More

Cook County, Illinois restricts credit consideration in hiring decisions

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Illinois’ largest county enacted a bill that will limit employers’ ability to inquire about or otherwise consider a current or prospective employee’s credit standing when making employment decisions. Read More

NYC publishes interpretative enforcement guide concerning recent ban on applicant credit checks; includes stipulation for exemption of FINRA members

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The New York City Commission on Human Rights released the document concerning the Stop Credit Discrimination in Employment Act (“SCDEA”), which went into effect on September 3. Read More

CFPB hits another company with hefty fine for violations of the FCRA

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Clarity Services, Inc., a Florida-based credit reporting agency, agreed to pay an $8 million penalty to the Consumer Financial Protection Bureau amid allegations that the company obtained credit reports on consumers without “permissible purpose.” Read More

NYC Commission on Human Rights clarifies applicability of new background screening laws

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NYC Commission on Human Rights: New “ban the box” and credit report laws do not apply extraterritorially—NYC must be the “locus of the job.” Read More

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