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A CFPB rule to ban medical debt from credit reports faces GOP pushback — despite benefiting many Republican-led districts ...
Some examples of those enforcement actions include: Keeping credit bureaus in check. The CFPB protects consumers from negligence that could harm their credit scores. For example, in January 2025 ...
The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For ...
Lawmakers have a short window of time in which they can use the Congressional Review Act to nullify the Consumer Financial ...
On March 3, a trio of credit reporting agencies (defendants ... the CRAs cited the CFPB’s assertion that medical debt was “less predictive of future payment problems than other debt ...
CFPB Oversees Consumer Credit and Debt Laws ... and the Fair Credit Reporting Act governs the way credit bureaus collect, maintain and share consumer credit data. The Truth in Lending Act ensures ...
“People who get sick shouldn’t have their financial future upended,” former CFPB Director Rohit Chopra said in a news release. Critics of the rule include the three credit bureaus and hospital ...
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