Issues affecting the accuracy of both traditional credit reports and employment and tenant background screening reports will be the subject of a public workshop hosted by the FTC and CFPB on December 10, 2019. The announcement brings to light the reasons for conducting the workshop, identifies a range of potential topics for discussion, and provides information for submitting comments and requesting to become a presenter or panelist.
Some of the potential subjects include:
- Lessons learned from the CFPB’s supervisory reviews;
- Lessons learned from CFPB and FTC enforcement cases;
- Differing practices used by furnishers and the accuracy of information; and
- Opportunities and challenges for inclusion of non-traditional data in credit reports, background screening reports or credit scoring models for accuracy.