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CFPB Fines Equifax $15M Over Consumer Dispute Probes
Equifax fined $15 million over its handling of consumer disputes
The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing to adequately investigate cons
US consumer bureau fines Equifax $15 million over handling of consumer disputes
The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million for failing to sufficiently investigate consumer disputes of its credit reports.
CFPB fines Equifax $15 million for errors on credit reports
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,
CFPB Orders Credit Reporting Agency to Pay $15 Million for Mishandling Consumer Disputes
On January 17, 2025, the CFPB issued a consent order against a large consumer reporting agency for failing to properly investigate consumer disputes concerning inaccurate information on consumers’ credit reports.
US consumer bureau fines Equifax $15 million for issues fixing consumer disputes
The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million for failing to sufficiently investigate consumer disputes of its credit reports.
Equifax ordered to pay $15 million for improper investigations regarding credit card errors
The Consumer Financial Protection Bureau (CFPB) this week ordered Equifax to pay $15 million for failing to conduct proper investigations regarding credit card errors, according to a press release. Equifax,
1d
on MSN
Consumer Sentiment: What It Is and Why It Matters
Consumer sentiment is an aggregate measure of how individuals feel about their finances and the economy as a whole. Also ...
NerdWallet
4d
What Is the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...
2d
on MSN
US consumer finance watchdog fines payments firm Block over Cash App operations
The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty citing fraud and ...
GlobalData on MSN
3d
Consumer car finance volumes fall in November 2024: FLA
Consumer car finance new business volumes fell in November 2024 by 2% compared with the same month in 2023, according to new ...
11d
on MSN
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 ...
AOL
12d
US consumer watchdog sues Experian over consumer credit accuracy
(Reuters) -The top U.S. watchdog agency for
consumer
finance
on Tuesday sued credit rating giant Experian, saying the ...
11d
on MSN
CFPB sues Experian over "sham investigations" into consumer complaints
Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.
5d
Why Private Equity Firms Should Adopt A Consumer Marketing Perspective
While PE excels at financial and operational restructuring, firms sometimes overlook the strategic imperatives required to ...
American Banker
1d
Honda Auto Finance fined $12.8 million for reporting errors
The Consumer Financial Protection Bureau said American Honda Finance Corp. inaccurately reported 300,000 borrowers as delinquent who had paused loan payments during the pandemic.
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