September 21, 2018
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Amendment to FCRA Notification Requirement

In an interim final rule issued this month, the Consumer Financial Protection Bureau (“CFPB”) revised the publication called, “A Summary of Your Rights Under the Fair Credit Reporting Act” (“FCRA Summary of Rights”).  Any employer required to provide a FCRA Summary of Rights to employees and applicants should begin using the revised form starting September 21, 2018. A link to the new form is below. 

Employers should review their FCRA forms and practices to ensure compliance. If you have any questions about this alert, contact your Lathrop Gage attorney or the attorneys listed.

https://files.consumerfinance.gov/f/documents/bcfp_consumer-rights-summary_2018-09.docx