Credit Reporting
The Fair Credit Reporting Act promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies (CRAs). To ensure compliance, the agency pursues an aggressive enforcement program aimed at the main players in the consumer reporting system – CRAs, those who send them information, and consumer report users. The FTC has sued CRAs, charged companies with furnishing inaccurate information to CRAs, and charged users of consumer reports with failing to notify consumers when they make negative decisions about them based on a consumer report.
- MyLife.com, Inc. ( )
- Vivint Smart Home, Inc. ( )
- AppFolio, Inc. ( )
- Midwest Recovery Systems, LLC ( )
- Kohl's Department Stores, Inc. ( )
- Jasjit Gotra (Alliance Security) ( )
- Credit Bureau Center, LLC (formerly known as MyScore LLC) ( )
- BoostMyScore LLC ( )
- Mortgage Solutions FCS, Inc. ( )
- Equifax, Inc. ( )
- RealPage, Inc. ( )
- Tracers Information Specialists, Inc. ( )
- Credit Protection Association ( )
- Sprint Corporation (Sprint ASL Program) ( )
- Tricolor Auto Acceptance, LLC ( )
- Sitesearch Corporation, Doing Business As LeapLab ( )
- Instant Checkmate, Inc. ( )
- Infotrack Information Services, Inc., et al. ( )
- TeleCheck Services, Inc. ( )
- Time Warner Cable Inc. ( )
- FTC and CFPB Settlement to Require Trans Union to Pay $15 Million over Charges It Failed to Ensure Accuracy of Tenant Screening Reports ( )
- FTC Joins with CFPB in Filing Amicus Brief Urging Reversal of Decision Misinterpreting FCRA’s Requirement to Remove Disputed, Unverified Credit Information ( )
- FTC Says TruthFinder, Instant Checkmate Deceived Users About Background Report Accuracy, Violated FCRA While Marketing Reports for Employee and Tenant Screening ( )
- FTC Announces Claims Process for Consumers Whose Credit Reports Were Misused by Home Security Firm Vivint ( )
- FTC Charges Experian with Spamming Consumers Who Signed Up for Company Accounts with Marketing Emails They Couldn’t Opt Out Of ( )
- FTC Announces Tentative Agenda for March 16 Open Commission Meeting ( )
- FTC and CFPB Seek Public Comment on How Background Screening May Shut Renters out of Housing ( )
- FTC, CFPB Submit Amicus Brief Defending Consumers’ Ability to Dispute Inaccurate Items on Credit Reports ( )
- FTC Joins Amicus Brief Opposing Liability Shield for Sloppy Credit Reports ( )
- Lead Generator that Deceptively Solicited Loan Applications from Millions of Consumers and Indiscriminately Shared Sensitive Info Agrees to Pay $1.5 Million FTC Penalty ( )
- FTC, DOJ Obtain Ban on Negative Option Marketing and $21 Million for Consumers Deceived by Background Report Provider MyLife ( )
- FTC Chair and CFPB Director Issue Joint Statement on Amicus Brief filed in Henderson v. The Source for Public Data, L.P. ( )
- FTC Approves Changes to Five FCRA Rules ( )
- Smart Home Monitoring Company Vivint Will Pay $20 Million to Settle FTC Charges That It Misused Consumer Credit Reports ( )
- Tenant Background Report Provider Settles FTC Allegations that it Failed to Follow Accuracy Requirements for Screening Reports ( )
- FTC Seeks Comment on Changes, Effectiveness of Five FCRA Rules ( )
- FTC Alleges California Purveyor of Background Reports Misled Consumers To Think its Reports on Individuals Might Contain Criminal and Other Records ( )
- FTC Reaches Settlement with Kohl’s over Allegations it Failed to Provide Victims with Information Related to Identity Theft ( )
- FTC Updates Congress on Efforts to Educate Consumers about Their FCRA Rights ( )
- FTC, CFPB Extend the Deadline to Submit Comments on Accuracy in Consumer Reporting until January 31 ( )
- Eviction fiction? $15 million FTC-CFPB settlement with Trans Union and tenant screening subsidiary underscores importance of FCRA’s “maximum possible accuracy” requirement(October 11, 2023)
- FTC lawsuit insists on FCRA compliance and transparency from background report providers(September 11, 2023)
- Tenant background check reports: Put it in writing(July 27, 2023)
- Taking a closer look at the small business credit reporting system(March 16, 2023)
- Tenant screening practices: The FTC wants to hear from you(February 27, 2023)
- $3 million FTC settlement disapproves of Credit Karma’s deceptive “pre-approved” claims(September 1, 2022)
- FTC says credit repair business doubled as a pyramid scheme(May 31, 2022)
- FTC alleges “The Credit Game” broke the rules governing credit repair(May 5, 2022)
- FTC says Dun & Bradstreet deceived small businesses about services and pricing(January 13, 2022)
- Updating you on FTC privacy and data security initiatives(May 25, 2021)
- $20 million settlement with smart home company Vivint shuts the door on a different form of identity deception(April 29, 2021)
- Aiming for truth, fairness, and equity in your company’s use of AI(April 19, 2021)
- FTC’s AppFolio case: The Fair Credit Reporting Act does more than just abide(December 8, 2020)
- Setting the debt parking brake(November 30, 2020)
- 50 years of the FCRA(October 27, 2020)
- Whose life?! MyLife charged with creating misleading background reports(July 27, 2020)
- FTC says Kohl’s didn’t honor rights of identity theft victims(June 10, 2020)
- Using Artificial Intelligence and Algorithms(April 8, 2020)
- FTC’s Privacy & Data Security Update for 2019 – and how you can use it(February 25, 2020)
- Consumer reviews: The FCRA upshot of fighting ire with fire(January 14, 2020)
- Accuracy in Consumer Reporting WorkshopDecember 10, 2019
- Navajo Consumer Credit Seminar and RoundtableApril 17, 2015
- Spring Privacy Series: Alternative Scoring Products March 19, 2014
- Life of a Debt: Data Integrity in Debt CollectionJune 6, 2013
- Roundtable on Methodologies for Assessing Accuracy and Completeness of Credit ReportsJune 30, 2004
- Concurring Statement of Commissioner Rebecca Kelly Slaughter In the Matter of AppFolio, Inc. ( )
- Dissenting Statement of Commissioner Rohit Chopra Regarding AppFolio ( )
- Statement of Commissioner Rebecca Kelly Slaughter In the Matter of FTC vs. Equifax, Inc. ( )
- Opening Remarks of Chairman Joseph Simons at FTC Equifax Press Conference ( )
- Closing Keynote Remarks of Commissioner Terrell McSweeny ( )
- Opening Remarks of Commissioner Terrell McSweeny at FTC FinTech Series ( )
- Senate Commerce Committee: Hearing on Oversight of the FTC ( )
- Opening Remarks of Commissioner Terrell McSweeny ( )
- 2015 Privacy and Data Security Update ( )
- Safe – and, or, versus – Sorry: How the Federal Trade Commission Approaches Consumer Protection – Keynote before the TACD 16th Annual Forum – The Precautionary Principle in TTIP: Trade Barrier or Essential for Consumer Protection? ( )
- Transparency, Trust, and Consumer Protection in a Complex World – Keynote Address Before Coalition for Networked Information Fall 2015 Membership Meeting ( )
- Project GOAL – Internet Safety for Older Adults: Challenges and Solutions - Keynote Remarks ( )
- Remarks of Chairwoman Edith Ramirez Introducing President Obama ( )
- Remarks for the Identity Theft Resource Center ( )
- Comment Filed By Jessica Rich, Discussing How Developments In "Big Data" Affect Consumer Privacy and the Interests Reflected in the Administration's Consumer Privacy Bill of Rights ( )
- FTC Policy Statement on Deception ( )
- Section 603(k): Definition of "adverse action" ( )
- Section 615(a): Required notice of adverse action based on a consumer report ( )
- Section 604(a)(3)(A): Credit transaction ( )
- Section 604(a)(2): Written authorization of consumer ( )
- Section 609: Disclosures to consumers ( )
- Section 623(b): Duty of furnishers to investigate consumer disputes ( )
- Section 603(g): Definition of "file" ( )
- Section 609(a)(3): Identification of recipients ( )
- Section 612: Charges for disclosures ( )
- Section 611(a): Investigation of consumer disputes by CRAs ( )
- Section 603(d)(1): Definition of "consumer report" (general) ( )
- Section 604(a)(3)(F): Legitimate business need ( )
- Section 616-617: Civil liability ( )
- Section 609(a)(1): Information to be disclosed ( )
- Section 604(a)(3)(C): Underwriting of insurance ( )
- Section 623(a)(1): Duty of furnishers to provide accurate information ( )
- Section 623(a)(5): Duty of furnishers to provide date of delinquency on charge-off, collection or similar accounts ( )
- Section 605(a)(4): Section 605(c) Time limits: Charge-off and collection accounts ( )
- Section 623(a)(2): Duty of furnishers to correct and update information ( )
- Section 605(a)(5): Time limits: Reporting adverse information (general) ( )
- Privacy & Data Security Update (2016) ( )
- Privacy & Data Security Update (2015) ( )
- Big Data: A Tool for Inclusion or Exclusion? Understanding the Issues (FTC Report) ( )
- Privacy & Data Security Update (2014) ( )
- Section 319 of the Fair and Accurate Credit Transactions Act of 2003: Sixth Interim and Final Federal Trade Commission Report to Congress Concerning the Accuracy of Information in Credit Reports ( )
- Privacy & Data Security Update (2013) ( )
- Data Brokers: A Call For Transparency and Accountability: A Report of the Federal Trade Commission (May 2014) ( )
- Section 319 of the Fair and Accurate Credit Transactions Act of 2003: Fifth Interim Federal Trade Commission Report to Congress Concerning the Accuracy of Information in Credit Reports ( )
- Using FACTA Remedies: An FTC Staff Report on a Survey of Identity Theft Victims ( )
- Protecting Consumer Privacy in an Era of Rapid Change: Recommendations For Businesses and Policymakers ( )
- 40 Years of Experience with the Fair Credit Reporting Act: An FTC Staff Report with Summary of Interpretations ( )
- Section 319 of the Fair and Accurate Credit Transactions Act of 2003: Fourth Interim Federal Trade Commission Report to Congress Concerning the Accuracy of Information in Credit Reports ( )
- Section 611(e) of the Fair Credit Reporting Act: Federal Trade Commission Program Referring Consumer Complaints About Possible Act Violations To The Three Nationwide Consumer Reporting Agencies, and Securing Complaint Resolution Information From Them: ( )
- Section 319 of the Fair and Accurate Credit Transactions Act of 2003: Third Interim Federal Trade Commission Report to Congress Concerning the Accuracy of Information in Credit Reports ( )
- Second Interim Report of the Federal Trade Commission to Congress Under Section 319 of the Fair and Accurate Credit Transactions Act of 2006 ( )
- Federal Trade Commission and Board of Governors of the Federal Reserve System Report to Congress on the Fair Credit Reporting Act Dispute Process ( )
- Under Section 318 and 319 of the Fair and Accurate Credit Transaction Act of 2003 ( )
- Khalilah Suluki v. Credit One Bank, NA ( )
- Holden v. Holiday Inn Club Vacations, Inc. ( )
- FTC, CFPB Submit Amicus Brief Defending Consumers’ Ability to Dispute Inaccurate Items on Credit Reports ( )
- Sessa v. TransUnion, LLC ( )
- Henderson v. The Source for Public Data, L.P., et al. ( )
- Anthony Rivera v. JPMorgan Chase Bank, N.A. ( )
- Moran v. The Screening Pros LLC ( )
- Shamara T. King v. General Information Services, Inc. ( )
- Safeco Ins. Co. v. Burr; GEICO Gen. Ins. Co. v. Edo ( )
- Whitfield v. Radian Guaranty, Inc ( )
- Ashby v. Farmers Group, Inc ( )
- Spano v. SAFECO Insurance Co ( )
- Cole v. U.S. Capital, Inc. et al. ( )
- Willes v. State Farm Fire and Casualty Co ( )
- Rausch v. The Hartford Financial Services Group, Inc. ( )
- TRW Inc., Petitioner v. Adelaide Andrews ( )
- Toby Nelson v. Chase Manhattan Mortage Corporation, et al. ( )
- Deborah Wilson v. Rental Research Services, Inc. ( )
- Using Consumer Reports: What Landlords Need to Know ( )
- Consumer Reports: What Information Furnishers Need to Know ( )
- Businesses Must Provide Victims and Law Enforcement with Transaction Records Relating to Identity Theft ( )
- Consumer Reports: What Insurers Need to Know ( )
- Using Consumer Reports for Credit Decisions: What to Know About Adverse Action and Risk-Based Pricing Notices ( )
- Using Consumer Reports: What Employers Need to Know ( )
- What Tenant Background Screening Companies Need to Know About the Fair Credit Reporting Act ( )
- What Employment Background Screening Companies Need to Know About the Fair Credit Reporting Act ( )
- Background Checks: What Employers Need to Know ( )
- Disposing of Consumer Report Information? Rule Tells How ( )
