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CFPB Sues Experian Over Consumer Dispute Probes
CFPB sues Experian over ‘sham’ credit report investigations that harm consumers : “What more can I do?”
The consumer watchdog alleges the credit reporting giant conducted inadequate error reviews, potentially harming millions of Americans.
CFPB sues Experian over "sham investigations" into consumer complaints
Experian does not properly investigate consumer complaints of errors in credit reports, threatening their access to credit, employment and housing, the Consumer Financial Protection Bureau said Tuesday.
US Consumer Watchdog Sues Experian Over Consumer Credit Accuracy
Experian conducts "sham investigations" into consumer disputes and allows deleted false information to be reinserted into credit files, according to the CFPB. Representatives for Experian did not immediately respond to a request for comment.
CFPB Sues Experian Over Consumer Dispute Probes -- Update
The Consumer Financial Protection Bureau sued the credit-reporting firm on Tuesday for alleged violations of the Fair Credit Reporting Act. The agency claims Experian doesn't do enough to intake, process,
Experian credit bureau sued for allegedly failing to properly probe consumer complaints
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to properly probe consumer disputes.
Experian Conducted ‘Sham Investigations’ Into Errors in Its Credit Reports, CFPB Alleges
The Consumer Financial Protection Bureau sued the credit reporting agency alleging that if failed to investigate or correct errors in credit reports even when it had ample evidence supporting consumer disputes.
CFPB, Medical Debt
New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a new rule from the Consumer Financial Protection Bureau (CFPB) prohibits cre
CFPB finalizes rule to remove medical debt from credit reports
The Consumer Financial Protection Bureau finalized a rule that would remove medical bills from credit reports and prevent lenders from using medical information in lending decisions.
Debt Collectors File New Challenge to CFPB Medical Debt Rule
Debt collectors sued in Texas federal court to block the Consumer Financial Protection Bureau’s ban on medical debt in credit reports, marking the second legal challenge to the rule since it was finalized this week.
bankingdive
2h
CFPB brings back sandbox program, but keeps competition emphasis
The bureau’s policies restore the no-action letter and sandbox designation, but feature some tweaks aimed at correcting past “shortcomings.” ...
American Banker
8h
CFPB rules, M&A standards most likely CRA repeal targets
While most of the Biden administration's prudential banking regulations can't be overturned under the Congressional Review ...
National Mortgage News
9h
Will CFPB's nonbank registry endure as Trump takes office?
While the actual registration process has been going smoothly, there's some confusion among nonbanks over the timing and what ...
JD Supra
1h
CFPB Approves Financial Data Exchange as Open Banking Standard Setter
On January 8, the Consumer Financial Protection Bureau (CFPB) officially recognized Financial Data Exchange, Inc. (FDX) as ...
American Banker
20h
CFPB to regulate large participants in personal loan market
The Consumer Financial Protection Bureau said it would undertake a rule to regulate large participants in the personal loan ...
Digital Transactions
4h
The CFPB Picks FDX for Oversight of U.S. Open Banking Standards
The CFPB recognized FDX as the standard-setting body under the bureau’s Personal Financial Data Rights rule. The final ...
JD Supra
2h
Trade Associations File Challenge to CFPB’s Rule on Medical Debt in Consumer Reports
The Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in ...
2d
Berkshire-owned lender sued by CFPB over ‘unaffordable’ home loans
Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, ...
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Consumer Financial Protection Bureau
Medical debt
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