When you apply for a credit card or loan, the bank will likely pull a credit report. Those credit reports are pulled from consumer reporting agencies. The most familiar consumer reporting agencies are ...
On January 17, the CFPB issued a consent order settling allegations that a consumer reporting agency (CRA) violated the FCRA and engaged in unfair acts and practices, violating the CFPA. The CFPB ...
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’ ...
The companies collecting detailed information about you and selling it to corporations to determine your ability to obtain a ...
A credit reporting agency is a company that compiles information about your borrowing history into a credit report. Also called credit bureaus, credit reporting agencies primarily sell reports to ...
The Consumer Financial Protection Bureau fined Equifax $15 million over credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes. Credit reports ...
President Joe Biden did not deliver on a campaign promise to create a new agency within the Consumer Financial Protection Bureau to provide credit scores. Currently, the three private agencies — ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The CFPB found Equifax ignored consumer documents and evidence submitted ...
President Joe Biden's campaign proposal to create a new agency within the Consumer Financial Protection Bureau to provide credit scores has not been successful. The Consumer Financial Protection ...
Errors on credit reports. Unexpected bank and other “junk” fees. New financial products that conceal their true costs and terms. For help with those problems, millions of consumers in the U.S. have ...
A trio of Senate Democrats are warning the consumer credit reporting agency Equifax against price gouging for its services as ...