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FTC and CFPB Host Workshop on Consumer Reporting Accuracy

In early December, the Federal Trade Commission (FTC) and Consumer Financial Protection Bureau (CFPB) hosted a workshop about accuracy in consumer reporting, which was divided into four panels. The first discussed the role of furnishers of consumer reports, the need for accurate data, and the policies and procedures that furnishers can implement to ensure accuracy. The second panel addressed accuracy issues as they relate to traditional credit reporting agencies, while the third focused on accuracy issues arising from reliance on public court records. And finally, the workshop’s fourth panel focused on disputes in both the credit reporting and background screening context.

 

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Posted Under: Legal Issues

Post By Ken Shafton (2,055 Posts)