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Further muddying the picture, data providers aren't registered with the government, so it's impossible to get a full picture of the industry, Yu said. The report is the first in-depth survey of consumer abuse by private companies that sell dodgy dossiers. Many of the issues it explores were first described last year in an investigation by The Associated Press. The Consumer Financial Protection Bureau has the authority to write rules governing data companies under the Fair Credit Reporting Act, the law governing credit-report companies, the report says. Advocates want the agency to make data providers update their records annually, prohibit matches based only on name and take other steps aimed at making them more accurate. The CFPB has proposed adding credit-report companies to the list of companies it will supervise closely. It has not discussed regulating consumer-data providers. NCLC also wants the Federal Trade Commission to investigate data providers and employers to make sure they are complying with FCRA.
[Associated
Press;
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