For the “failure to conduct proper investigations of consumer disputes,” the Consumer Financial Protection Bureau (CFPB) last Friday announced enforcement actions taken against Equifax, requiring the nationwide consumer reporting agency to pay a $15 million civil money penalty and bring its business practices into compliance with federal law.
Today, the Consumer Financial Protection Bureau (CFPB) released its annual list of consumer reporting companies. The list identifies dozens of specialty reporting companies that collect and sell access to people’s data,
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
Credit scores can be used by lenders to help them decide whether to offer you a mortgage, credit card, auto loan, and other credit products as well as tenant screening and insurance, according to the Consumer Financial Protection Bureau.
The Consumer Financial Protection Bureau finished last week with notable actions against a captive finance company and a credit bureau with total penalties against the companies approaching $30 million.
Employers that use tracking technology and artificial intelligence (AI) to monitor workers and make employment decisions may now have one more
The Labor-dominated committee will focus on financial management, but officials are worried about knee-jerk responses to tension about vice-chancellors’ pay and wage theft. Amid a deterioration ...
Winds east to northeasterly 15 to 20 km/h tending east to southeasterly 15 to 25 km/h in the evening. Sun protection recommended from 9:00 am to 5:20 pm, UV Index predicted to reach 12 [Extreme] Cloudy. Winds southeasterly 15 to 20 km/h becoming light ...
Credit is a necessary component of doing business in the modern world. The credit reporting agency Experian defines credit as the ability to borrow money or access goods or services
The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial crisis.
will become part of the Experian Consumer Services Marketplace, in a boost for consumers and lenders with debt consolidation and affordability challenges. Research from Experian, compiled for Fair 4 All Finance, reveals that 41 million UK consumers have ...
The Consumer Financial Protection Bureau found roughly 43 million Americans had medical bills on their credit reports, totaling nearly $88 billion dollars. Those debts comprised 58 percent of the bills in collections on people’s credit reports.