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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 ...
After weeks of emptying the shelves at the Consumer Financial Protection Bureau (CFPB) with dozens of enforcement actions, new rules, ...
Finalized on January 7, a new rule from the Consumer Financial Protection Bureau (CFPB) prohibits credit reporting agencies from including medical debt information in the credit reports and scores ...
One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and failing to properly investigate consumer disputes, officials said. Equifax ...
On January 28, the CFPB expressed support for legislative efforts in Massachusetts, Washington State, Oregon and South Dakota which ...
Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal challenges under incoming President Donald Trump.
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 ...
One thing is clear: the CFPB is sending a strong message that it expects credit reporting agencies to take their responsibilities seriously and to put consumers' interests first.
Nov. 6, 2024 In April, the CFPB released the results of an examination into the credit reporting industry that it said found accuracy problems, including a failure by credit bureaus to correct ...
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