The FTC sent a report to Congress updating lawmakers on the agency’s efforts to educate consumers about their rights to dispute and correct errors in their credit reports. This report is a reminder that the FTC remains hard at work on FCRA education and enforcement.
The report was requested in Senate Report 116-111, the Appropriations Committee’s report accompanying the Financial Services and General Government Appropriations Bill,2020 (“FSGGGA”). As noted in the FTC press release, the report directed the FTC to report on “its consumer education efforts with respect to disputing and correcting information in a credit report, as well as its enforcement efforts related to dispute processes and the correction of inaccurate and incomplete information.
Eric J. Ellman is Senior Vice President for Public Policy and Legal Affairs at the Consumer Data Industry Association (CDIA) in Washington, DC. He also served for eight months as Interim President and CEO of the Association. More