Senate Bill 2155 approved by Congress and signed into law amending Dodd Frank Act and credit bureaus' FCRA requirements
On May 24, 2018, Congress passed the " Economic Growth, Regulatory Relief, and Consumer Protection Act ," with a stated purpose of improving consumer access to mortgage loans, increasing regulatory relief, and adding several protections for consumer credit access. Read More
D.C. metro to pay $6.5M to settle class action over background checks
The suit claimed that Washington Metropolitan Area Transit Authority (WMATA)’s criminal background check policy disproportionately discriminated against African Americans. Read More
Judge dismisses class action accusing Kohl’s of improper background checks
The proposed lawsuit alleged the department store chain violated the Fair Credit Reporting Act when its applications combined criminal record search disclosures with consent and disclosure forms permitting a search of applicants’ credit histories. Read More
CFPB hits another company with hefty fine for violations of the FCRA
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
Judge tosses suit accusing Target of violating background check law
The ruling claimed that the retail giant did not willfully commit a violation of the Fair Credit Reporting Act (FCRA)’s “stand-alone disclosure” requirement. Read More