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Tenant Background Screening Company Settles with FTC for $4.25 Million

AppFolio, Inc., has reached a $4.25 million settlement with the Federal Trade Commission (FTC) for alleged violations of the Fair Credit Reporting Act (FCRA). The complaint alleged that AppFolio was reporting eviction records and non-conviction criminal records that were more than seven years old, further accusing the business of failing to follow reasonable procedures to assure maximum accuracy. In addition, the company alleged that, despite receiving consumer disputes about the reporting of the inaccurate information, AppFolio did not make any changes to its practices or procedures to address the problems.

 

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Posted Under: Tenant Screening

Post By Ken Shafton (848 Posts)