What Employers, Especially Financial Institutions, Need to Know about the Fair Credit Reporting Act
August 1, 2008
Mark Shapiro - Chicago
The federal Fair Credit Reporting Act (“FCRA”) allows employers to use “consumer reports” (such as credit checks) not only to evaluate a job applicant, but also to determine an employee’s eligibility for promotion, reassignment, or retention. When using a consumer report for employment purposes, employers must comply with several obligations. Click here to read the entire article, which was published by the American Bankers Association.
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