WebRecon’s monthly debt collection and complaint statistics report shows that in 2015 there were 3,751 FCRA-related case filings compared to 2,445 in 2014 and just 1,515 in 2007.
Of these 3,751 FCRA suits, 16 percent of them were filed as class actions, according to the report.
This report stresses, now more than ever, the importance of companies taking the time to evaluate their existing background check policies and procedures to ensure compliance not only with the FCRA, but with other existing applicable laws. For more information on these requirements, you can head to the Resource Center of our website to read our Compliance Issue Analysis titled “FCRA Requirements for Using a Consumer Report for Employment Purposes.”
Source: WebRecon LLC, 1/18/2016
Posted: January 29, 2016