Not Just Credit Reports Regulated by FCRA (Fair Credit Reporting Act)

Posted By Cindi

Date: November 10th, 2008

FCRA (as the name implies) covers credit reporting, but it also sets standards and guidelines that affect the information gathered about applicants for employment. All ‘consumer reports’ relating to ‘character, general reputation, personal characteristics, and mode of living’ about an individual are regulated by the federal FCRA. Most background reports prepared by a third party consumer reporting agency thus fall under the regulation of the FCRA.

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