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Experian, Consumer Financial Protection Bureau and credit
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.
CFPB Sues Experian Accusing Credit Reporting Agency of 'Sham Investigations' in Consumer Dispute Process
The CFPB has sued Experian, claiming the company failed to properly investigate consumer credit report disputes.
Experian accused of failing to properly investigate consumer disputes
A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial Protection Bureau (CFPB) said it had sued the company for unlawfully failing to investigate consumers’ issues.
Consumer Financial Protection Bureau, medical bills
How removing unpaid medical bills from credit reports could help consumers
A rule finalized this week bans outstanding medical debts from appearing on credit reports and prohibits lenders from using the information.
CFPB to eliminate medical debts from credit reports
Syrjala says medical bills alone do not determine whether or not you will be accepted for a loan or mortgage. The reason for this change is that the CFPB finds medical debts ‘provide little predictive value to lenders about borrowers’ ability to repay other debts.’
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 medical bills from
HousingWire
6h
New CFPB report looks at reverse mortgage activity in 2023
A new CFPB report based on 2023 HMDA data assesses the reverse mortgage industry landscape that year, and the shifts at the ...
Digital Transactions
11h
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
8h
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 ...
6d
on MSN
Consumer protection agency sues Walmart, Branch alleging illegal pay practices for gig drivers
The Consumer Financial Protection Bureau has sued Walmart and work scheduling platform Branch Messenger for allegedly forcing ...
Hoodline
1d
Maryville's Vanderbilt Mortgage Accused of Predatory Lending Practices by Consumer Protection Bureau
The CFPB is suing Vanderbilt Mortgage for alleged predatory lending and failing to verify borrowers’ ability to repay loans.
JD Supra
1d
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – January 2025
To keep you informed of recent activities, below are several of the most significant federal and state events that have ...
Opinion
6d
Opinion
The Consumer Fraud Promotion Bureau
Rohit Chopra’s assault on Zelle will create more openings for crooks.
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Related topics
Joe Biden
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Experian
Fair Credit Reporting Act
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