This also includes medical debt that is in collections. The CFPB says it wants consumers to no longer be coerced by debt collectors into paying bills due to fear of harm to their credit.
On January 8, the Consumer Financial Protection Bureau (CFPB) officially recognized Financial Data Exchange, Inc. (FDX) as ...
Unpaid medical bills will no longer appear on consumer credit reports ... The administration first announced plans for the rule in fall 2023. The CFPB said that medical debt is a poor predictor ...
With Circular 2024-06, the CFPB reminded employers of their obligations under the FCRA when using consumer reports, background dossiers, or algorithmic scores for employment decisions, as well as ...
said a CFPB director appointed by Trump can do a number of things to put the rule on hold if Congress does not choose to repeal it. "The next administration, I would fully anticipate that they're ...
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The race for the No. 1 pick in the 2025 NFL Draft is tighter than ever. Unlike last season, when the Carolina Panthers had the worst record all but locked up, this year features a four-way tie at ...
The timing of the lawsuit against Zelle, filed just before Christmas, sparked a backlash by banks against CFPB Director Rohit Chopra. The largest bank owners of the peer-to-peer payment network claim ...
Add a new certainty for 2025: A new director of the Consumer Financial Protection Bureau (CFPB). Whoever the new ... vigilance to ensure that 3rd parties no longer have the data.
“The CFPB is cracking down on these excessive junk fees and requiring big banks to come clean about the interest rate they’re charging on overdraft loans,” CFPB Director Rohit Chopra said in the ...