After weeks of emptying the shelves at the Consumer Financial Protection Bureau (CFPB) with dozens of enforcement actions, new rules, ...
On January 16, the CFPB filed an amicus brief with the U.S. Court of Appeals for the Seventh Circuit, arguing that the FCRA disclosure ...
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Hosted on MSNYour credit score could be wrong, CFPB saysEquifax, a leading credit reporting agency, faces a $15 million fine from the Consumer Financial Protection Bureau (CFPB) for ...
The lawsuit alleges the CFPB exceeded its statutory authority under the Fair Credit Reporting Act, and chose to ignore the legislative history of medical debts. In 1996, Congress prohibited medical ...
The Consumer Financial Protection Bureau has filed a federal lawsuit alleging that Experian's responses to borrower complaints about accuracy violate the Fair Credit Reporting Act. In the lawsuit ...
The Consumer Financial Protection Bureau finished last week with notable actions against a captive finance company and a credit bureau with total penalties against the companies approaching $30 ...
Officials explained the FCRA provides people multiple ways to dispute inaccurate information on their consumer reports, including by contacting consumer reporting agencies directly. The CFPB added ...
On Tuesday, the CFPB filed a lawsuit against Experian in a U.S. district court in California, accusing the credit reporting giant of violating the Fair Credit Reporting Act (FCRA) and the Consumer ...
CFPB orders Equifax to pay $15 million penalty for improper investigation of credit reporting errors
Today, the Consumer Financial Protection Bureau (CFPB) took action against Equifax, the nationwide consumer reporting agency, for its failure to conduct proper investigations of consumer disputes.
Overall, the CFPB alleges that Experian's practices violated the Fair Credit Reporting Act (FCRA) and the Consumer Financial Protection Act (CFPA), both of which are designed to protect consumers ...
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