With little fanfare, the one-year-old Consumer Financial Protection Bureau has become the chief enforcer of the Fair Credit Reporting Act (FCRA) and has issued revised forms.  Employers and consumer reporting agencies must start using the new FCRA forms no later than Jan. 1, 2013.

The updated forms are available in Appendixes K, M, and N of the Title 12 at the end of Title 12 of the Code of Federal Regulations, Part 1022. They include:

Summary of Rights Under the FCRA.

Notice to Furnishers of Information: Obligations of Furnishers Under the FCRA.

Notice to Users of Consumer Reports: Obligations of Users Under the FCRA.

Each form was revised to replace references to the Federal Trade Commission, which had enforced the FCRA, to the Consumer Financial Protection Bureau.

Should you have any questions regarding the above-mentioned issues or other business matters, please contact us today.


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