How Good Are Your Background Checks?
CFPB has served noticed that it is interested in the quality of employment background screening reports. It has hit two of the largest background check providers for violations under the Fair Credit Reporting Act. The bureau says the companies failed to take basic steps to assure the information reported about job applicants was accurate and that they included impermissible information in consumer reports. The companies have been ordered to fix their problems, provide $10.5 million in consumer relief, and pay a $2.5 million civil penalty. [10/30/15]
