CFPB Updates Federal Summary of Rights Required for Background Checks

The Consumer Financial Protection Bureau (CFPB) recently issued an updated version of the important document titled, “A Summary of Your Rights Under the Fair Credit Reporting Act.”

You must provide this document to your applicant/employee at various points during the background check process, including during or before the disclosure and authorization process, with a copy of the report if they request one, and during the Adverse Action process. If you are using the Frasco Profiles applicant portal, this document is provided to your applicant/employee on your behalf during the online authorization process. It is also provided with every report copy and with the Pre-Adverse Action notice and, where required, with the Adverse Action notice.

Important to note: the Rule in which the new Summary of Your Rights was published does not become effective until April 19, 2023, and use of the updated form does not become mandatory until March 20, 2024.

Here is a link to the updated version on the CFPB’s website:

You will note when downloading that the CFPB failed to rename the document with the updated date, as it still references the last update in September 2018. Despite the naming oversight, we do see the inclusion of the newly-required items in the form available on the CFPB website. The changes in the new version are minor and for the most part, the new version simply changes recorded phone numbers and addresses for certain government agencies.

To ensure you always stay current on backgrounds, drug testing, I-9 and E-Verify changes, be sure to follow Frasco Profiles via and check our blog page regularly.

Should you have any questions, please contact Customer Service at or 800-820-09029.