The Fair Credit Reporting Act (FCRA)

The Fair Credit Reporting Act (FCRA)

What's the FCRA and what are your obligations as an end-user of background reports?

About this course

What's the FCRA and what are your obligations as an end-user of background reports?

You'll learn how to:

  • Meet your primary responsibilities as an end-user of credit reports under the FCRA
  • Reduce your risk of litigation around disclosures and authorizations
  • Set up a compliant Adverse Action process

The Fair Credit Reporting Act (FCRA)

Curriculum12 min

  • A friendly reminder before we start
  • What is the FCRA?
  • A brief history of the FCRA 2 min
  • The consumer's rights under the FCRA 1 min
  • The CRA's responsibilities 1 min
  • The end-user's responsibilities 2 min
  • Disclosure and Authorization
  • What is disclosure and authorization? 1 min
  • Disclosure and Authorization 2 min
  • The "Sole Disclosure" issue 2 min
  • Adverse Actions
  • What's an Adverse Action? 1 min
  • Bonus Content: Background Screening 101 with Troutman Sanders
  • Course wrap-up
  • Recap & next steps

About this course

What's the FCRA and what are your obligations as an end-user of background reports?

You'll learn how to:

  • Meet your primary responsibilities as an end-user of credit reports under the FCRA
  • Reduce your risk of litigation around disclosures and authorizations
  • Set up a compliant Adverse Action process

The Fair Credit Reporting Act (FCRA)

Curriculum12 min

  • A friendly reminder before we start
  • What is the FCRA?
  • A brief history of the FCRA 2 min
  • The consumer's rights under the FCRA 1 min
  • The CRA's responsibilities 1 min
  • The end-user's responsibilities 2 min
  • Disclosure and Authorization
  • What is disclosure and authorization? 1 min
  • Disclosure and Authorization 2 min
  • The "Sole Disclosure" issue 2 min
  • Adverse Actions
  • What's an Adverse Action? 1 min
  • Bonus Content: Background Screening 101 with Troutman Sanders
  • Course wrap-up
  • Recap & next steps