RentGrow to Pay $2.25 Million to Settle FTC Allegations the Company Violated the Fair Credit Reporting Act and FTC Act

RentGrow, a provider of consumer reports for tenant screening, will be required to pay $2.25 million to settle Federal Trade Commission allegations that the company violated the Fair Credit Reporting Act (FCRA), including by failing to use reasonable procedures to ensure the accuracy of its reports, and the FTC Act.The FCRA requires consumer reporting agencies (CRAs) to maintain reasonable procedures to assure the maximum possible accuracy of the information they include in background screening reports, disclose the sources of information used to compile a background screening report when a...