The Fair Credit Reporting Act (FCRA) governs the activities of consumer credit reporting
agencies, as well as the users of the information procured from these agencies. A
consumer report contains information on a consumer's (job applicant's) character,
reputation, and other personal data. These reports are procured by employers to screen
Among other things, the FCRA prohibits Users (Employers) from obtaining consumer
reports unless the Employer discloses to the applicant, in writing, (Authorization
to Release Information) that such a report may be acquired. This Release must also
state that if the employer denies employment, based on information from a BCP report,
the applicant may make written inquiry requesting a disclosure of the nature and
scope of the investigation.
If an applicant makes such a request, BCP will supply a complete and accurate disclosure
of the nature and scope of the investigation within five days of the request. BCP
will reinvestigate any item the applicant holds to be incorrect at no additional
charge and, if necessary, supply a corrected report to the original requester. BCP
keeps copies of each investigation for a period of not less than two years.
According to the FCRA guidelines there is no limitation as to the length of time
investigated in an applicant's past unless the applicant earns less than $75,000
a year. These reports can only contain adverse information.
If a consumer reporting agency or user of such information willfully fails to comply
with any FCRA requirements, the Consumer Reporting Agency and its agents are responsible
to the subject of the report. BCP complies with all the regulations set forth by
the FCRA. Because we process hundreds of reports each day we help you stay in compliance
with the applicable laws. (BCP has not had a report challenged.) e information for
the past seven years.
In addition, any individual who knowingly and willfully obtains information from
a consumer reporting agency under false pretenses will be fined not more than $5,000
and imprisoned not more than one year or both.
BCP complies with and supports all provisions of the Fair Credit Reporting Act (FCRA).
We urge all employers to review its restrictions and requirements. The Act's citation
is Public Law 91-508, Title 15, U.S.C. Sections 1681, et seq. Please note, particularly,
the Permissible Purposes of Reports, as well as requirements on Users of Consumer
Reports and Obtaining Information Under False Pretenses.