New FCRA Notice Required by Employers

Employment Law Newsletter

Effective January 1, 2013, employers using third parties to conduct applicant/employee background checks must issue an updated Fair Credit Reporting Act (FCRA) notice to affected applicant/employee. Under the FCRA, employers must issue the updated notice summarizing rights under the FCRA whenever the employer intends to obtain a consumer report on the employee/applicant, or when the employer intends to take any adverse action based upon the report. Copies of the new form are available at www.consumerfinance.gov/learnmore.