The Consumer Financial Protection Bureau (CFPB) has made changes to forms that are required for completing background checks by the Fair Credit Reporting Act, effective January 1, 2013. The changes effect consumers, users and furnishers of employee background checks. The changes are part of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111-203, H.R. 4173).
The notices that are being updated are all forms used in the background screening process, and are required by the FCRA. These forms include:
- Notice to Users of Consumer Reports: Obligations of Users Under the FCRA
- Remedying the Effects of Identity Theft
- Summary of Rights
Click on the links above for the updated forms.
To comply with the new law, employers and CRA’s will need to stop using the old forms / notices by January 1, 2013. You will need to replace the notifications attached to your consent form originally provided by ESS with the new forms found above. These new forms are fine to use prior to January 1st.
More changes are possible in the future and rest assured that ESS will keep you notified. ESS is committed to keeping our clients up to date and educated about the screening industry.