On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint against a nationwide consumer reporting ...
While CROA focuses on regulating credit repair companies, other federal laws are focused on protecting consumers. The Fair ...
Without admitting wrongdoing, Equifax agreed to pay $725,000 because of a three-week error which lowered credit scores for 77,000 New Yorkers.
argue that the rule violates the Fair Credit Reporting Act and the bureau lacks the authority to issue such a ban.“Americans are frustrated by medical bills. But frustration does not justify ...
One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and ...
The Costa Mesa-based company was accused in a federal lawsuit of failing to properly investigate consumer disputes with creditors and committing other violations of the Fair Credit Reporting Act ...
Experian was sued Tuesday by the Consumer Financial Protection Bureau, which accused the credit bureau of failing to properly probe consumer disputes. (Elise Amendola/AP) Experian, one of the ...
The complaint also alleges that Experian failed ... Overall, the CFPB alleges that Experian's practices violated the Fair Credit Reporting Act (FCRA) and the Consumer Financial Protection Act ...
Equifax was heavily fined by the Consumer Financial Protection Bureau for not adequately investigating consumer credit report ...