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 ...
Forbes5d
New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
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 ...
Experian sued by CFPB over consumer dispute process
The Consumer Financial Protection Bureau sued Experian (OTCQX:EXPGY) (OTCQX:EXPGF) for failing to investigate consumer ...
USA Today4d
Billions of dollars for millions of Americans: why 'delete the CFPB' might not fly
As a Republican member of Congress, Mulvaney had previously called the CFPB “a joke… in a sick, sad kind of way.” So it was a bit like déjà vu when Elon Musk, Trump’s new presidential ...
bankingdive5d
CFPB brings back sandbox 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.” ...
JD Supra1d
Consumer Financial Protection Bureau Pursues Action to Stop Kickback to Brokerages for Steering Consumers to Rocket Mortgage
The Consumer Financial Protection Bureau (“CFPB”) filed an action on December 23, 2024, against Rocket Home Real Estate LLC (“Rocket Homes”), a ...
Law7d
CFPB Finalizes Rule Removing Medical Debt From Credit Reports
Banning consumer reporting agencies from including medical debt on credit reports sent to lenders will also help stop lenders from using credit reports to force bill payments, the CFPB said.
American Banker4d
CFPB seeks input on protections for digital payments, crypto
The actions are widely expected to be rescinded by a new incoming acting CFPB director appointed by President-elect Trump. Both actions — a nonbinding interpretive rule on how existing law applies to ...
AOL7d
CFPB sues Experian over ‘sham’ credit report investigations that harm consumers : “What more can I do?”
The CFPB claims that Experian routinely accepts ... In Schwalm’s case this encompassed not only the fraudulent receipts, but the police report as well. Schwalm put it succinctly: “Keep copious ...