The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, including banks, lenders and other financial institutions.
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes. Credit reports have a significant impact on consumer finances,
The CFPB's ruling will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.
Lenders will no longer be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers in the U.S. for mortgages, car loans or business loans, according to a rule the Consumer Financial Protection Bureau finalized this month.
Opposition is quickly forming against the Biden administration’s rule to ban medical debt from appearing on consumers’ credit reports, threatening the viability of what could be a popular regulation.
The Consumer Financial Protection Bureau has finalized a rule to keep medical bills off of consumers’ credit reports.
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to properly probe consumer disputes.
The Consumer Financial Protection Bureau (CFPB) today sued Experian, the national consumer credit reporting agency, for threatening consumers’ access to credit, employment, and housing by failing to properly investigate consumer disputes.
“Credit bureaus are a catalyst for financial ... s consumer credit business will strengthen our leadership position in Latin America and will make TransUnion the largest credit bureau in Spanish ...
The rule removes an estimated $49 billion in medical bills from about 15 million Americans' credit reports and bars lenders from using medical information in their lending decisions.
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes.
Experian was sued Tuesday by the Consumer Financial Protection Bureau, which accused the credit ... largest credit bureaus along with Equifax and Transunion. The bureaus collect credit information ...