Legal Alert - Employers Must Begin Using New Fair Credit Reporting Act Summary of Rights Form by January 1, 2013
September 20, 2012
by Joseph A. Kroeger and Matt P. Milner
Beginning January 1, 2013, employers will be required to provide a new version of the form entitled Summary of Your Rights Under the FCRA (Summary of Rights) to individuals before taking any adverse action based on the contents of a consumer report. Fortunately, the adverse action process that employers are to follow under the Fair Credit Reporting Act (FCRA) has not changed, only the Summary of Rights form.
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