Home > Uncategorized > CFPB issues new FCRA forms

CFPB issues new FCRA forms

September 21, 2012

As I noted last week, the federal CFPB has been granted primary authority to enforce the FCRA on behalf of the federal government (the FTC says it will continue to play a role, though it’s not clear how extensive it will be or under what authority it will do so).

Recently, and in a very subtle way, the CFPB has begun to use this new authority.  It issued revised versions of the disclosures that credit bureaus and others must use when they provide someone with a copy of a credit report or take other regular actions.  There’s been no announcement of this on the CFPB website (search it for yourself; I found nothing), but the forms have been revised to note the CFPB existence here – see Appendices K, M, and N. 

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