November 5, 1998
Nancy S. Spritz, Esq.
Candle, Klitenic & Chernow, LLP
Woodholme Professional Building
1838 Greene Tree Road, Suite 370
Baltimore, Maryland 21208
Re: Section 603(k)(1)(B)(iv) of the Fair Credit Reporting Act --Adverse Action Notices to Co-Signers / Guarantors of Denied...
October 26, 1998
William F. Hall, Esquire
United Guaranty Residential Insurance Co.
230 North Elm Street
Greensboro, North Carolina 27401
Re: Section 615(a) of the Fair Credit Reporting Act
Dear Mr. Hall:
If you report information about consumers to consumer reporting agencies (CRAs) — like a credit bureau, tenant screening company, or check verification service — you have legal obligations under the Fair Credit Reporting Act's Furnisher Rule.
Division of Credit Practices
Bureau of Consumer Protection
Clarke W. Brinckerhoff
March 3, 1998
Paul H. Schieber, Esq.
Blank Rome Comisky & McCauley
One Logan Square
Philadelphia, PA 19103
Dear Mr. Schieber:
There's "Life of Pi" and "Life of Brian," Boswell’s “Life of Samuel Johnson,” the sitcom “Life of Riley,” and the Beatles’ ground-breaking “A Day in the Life.” We view Life of a Debt: Data Integrity in Debt Collection, a roundtable hosted by the FTC and the Consumer Financial...
Those people who approached you to buy information about consumers and said they needed it for things like determining creditworthiness, suitability for employment, or eligibility for insurance? They may really have been FTC staffers checking if companies were complying with the Fair...
The Federal Trade Commission sent letters to ten data broker companies warning that their practices could violate the Fair Credit Reporting Act (FCRA) after a test-shopping operation by the FTC indicated the companies were willing to sell consumer information without abiding by FCRA requirements.
The Federal Trade Commission testified before a U.S. Senate Commerce subcommittee on a recent FTC study examining the accuracy of consumer credit reports, as well as the agency’s efforts to improve credit report accuracy through enforcement and education.
The Federal Trade Commission will host a one-day workshop on senior identity theft on May 7, 2013, in Washington, D.C., and invites participants watching the webcast to submit questions to panelists online.
When the topic turns to debt collection, some people assume the only thing that changes hands is money. But there’s another important consideration: the life cycle of consumer information as it flows through the debt collection process. That's the subject of Life of a Debt: Data...
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Filiquarian Publishing LLC, Choice Level LLC, and their CEO, Joshua Linsk operated as a consumer reporting agency without taking consumer protection measures required by the Fair Credit...
Funny thing about the Fair Credit Reporting Act: It’s been around since 1970, it’s broad in scope, and yet a lot of businesses with obligations under the law may not be focusing on compliance. Warning letters the FTC just sent to six companies in a particular line of work underscore...
The Federal Trade Commission has warned the operators of six websites that share information about consumers’ rental histories with landlords that they may be subject to the requirements of the Fair Credit Reporting Act (FCRA).