How central is accuracy to the credit reporting system? It’s important enough that Congress mentioned it in the second line of the Fair Credit Reporting Act – and more than 70 times in the text of the statute. On December 10, 2019, the FTC and CFPB will host a public workshop to talk about issues affecting the accuracy of both traditional credit reports and background screening reports used by employers and landlords. It’s a discussion you and your clients won’t want to miss.
FTC Commissioner Phillips will convene the Accuracy in Consumer Reporting Workshop at 9:00 ET.
Panel #1 will focus on Furnisher Practices and Compliance with Accuracy Requirements. Panel #2 will delve into Current Accuracy Topics for Traditional Credit Reporting Agencies.
The afternoon session will feature remarks from Brian Johnson, Deputy Director of the CFPB. Shifting the conversation to background reports, Panel #3 will discuss Accuracy Considerations for Background Screening. Panel #4 will consider what consumers and businesses face when Navigating the Dispute Process.
Accuracy in Consumer Reporting will take place at the FTC’s Constitution Center conference facility, 400 7th Street, S.W., in Washington, DC. Can’t attend the December 10th event in person? Watch the webcast from a link that will go live moments before the 9:00 ET start time.
The record will remain open for your public comments until January 10, 2020.
The purpose of this blog and its comments section is to inform readers about Federal Trade Commission activity, and share information to help them avoid, report, and recover from fraud, scams, and bad business practices. Your thoughts, ideas, and concerns are welcome, and we encourage comments. But keep in mind, this is a moderated blog. We review all comments before they are posted, and we won’t post comments that don’t comply with our commenting policy. We expect commenters to treat each other and the blog writers with respect.
We don't edit comments to remove objectionable content, so please ensure that your comment contains none of the above. The comments posted on this blog become part of the public domain. To protect your privacy and the privacy of other people, please do not include personal information. Opinions in comments that appear in this blog belong to the individuals who expressed them. They do not belong to or represent views of the Federal Trade Commission.