Accurate Blog

Reminder to Update Your FCRA Forms

Posted by Michael Jarvis on May 23, 2014 6:33:16 AM

The revised forms from the Consumer Financial Protection Bureau (CFPB) are effective on January 1, 2013.

Accurate Background is consistently monitoring any legislation that may impact your organization. The Dodd-Frank Wall Street Reform and Consumer Protection Act granted the Consumer Financial Protection Bureau (CFPB) rule-making authority and enforcement powers over the Fair Credit Reporting Act (FCRA). In response to this shift in responsibility, the CFPB has mandated changes to the following forms used in the background screening process which are required by the FCRA.

Effective January 1, 2013, these changes include the latest form modifications announced on November 14th.

View the link below to access a complete recap of this change.

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