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FTC and CFPB host Dec 10. workshop on accuracy in consumer reporting

Posted: Dec 9, 2019 | Author: Cornerstone Credit Union League

The Federal Trade Commission and the Consumer Financial Protection Bureau (CFPB) will host a public workshop tomorrow at 8 a.m. CST, discussing issues affecting the accuracy of traditional credit reports and employment and tenant background screening reports.

The December workshop seeks to bring together stakeholders—including industry representatives, consumer advocates, and regulators—for a wide-ranging public discussion on the changes in the landscape over recent years that may affect the accuracy of consumer reports, such as changes in legal requirements and technological developments.

The workshop will include four panel discussions examining issues such as:

  • The current practices of furnishers of information and compliance with accuracy requirements;
  • Current accuracy topics for traditional credit reporting agencies;
  • Accuracy considerations for background screening; and
  • Navigating the dispute process.

The workshop will also feature remarks by FTC Commissioner Noah Joshua Phillips and CFPB Deputy Director Brian Johnson.

The workshop, which is free and open to the public, and will be webcast live on the FTC’s website at 8 a.m. CST.

For more information.

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