Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...
The consumer watchdog alleges the credit reporting giant conducted inadequate error reviews, potentially harming millions of ...
Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal ...
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on ...
A trade group representing consumer credit reporting companies and a Texas-based credit union association have filed a ...
The Consumer Financial Protection Bureau finalized a rule that would remove medical bills from credit reports and prevent ...
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn’t ...
The agency estimated the rule will remove more than $49 billion in medical bills from the credit reports of about 15 million ...
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 ...
The CFPB cites differences between the repayment schedules for BNPL loans, which typically require the loan to be repaid in ...
The CFPB has sued Experian, claiming the company failed to properly investigate consumer credit report disputes.
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.