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CFPB Sues Experian Over Consumer Dispute Probes
CFPB sues Experian over ‘sham’ credit report investigations that harm consumers : “What more can I do?”
The consumer watchdog alleges the credit reporting giant conducted inadequate error reviews, potentially harming millions of Americans.
CFPB sues Experian over "sham investigations" into consumer complaints
Experian does not properly investigate consumer complaints of errors in credit reports, threatening their access to credit, employment and housing, the Consumer Financial Protection Bureau said Tuesday.
US Consumer Watchdog Sues Experian Over Consumer Credit Accuracy
Experian conducts "sham investigations" into consumer disputes and allows deleted false information to be reinserted into credit files, according to the CFPB. Representatives for Experian did not immediately respond to a request for comment.
CFPB Sues Experian Over Consumer Dispute Probes -- Update
The Consumer Financial Protection Bureau sued the credit-reporting firm on Tuesday for alleged violations of the Fair Credit Reporting Act. The agency claims Experian doesn't do enough to intake, process,
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.
Experian Conducted ‘Sham Investigations’ Into Errors in Its Credit Reports, CFPB Alleges
The Consumer Financial Protection Bureau sued the credit reporting agency alleging that if failed to investigate or correct errors in credit reports even when it had ample evidence supporting consumer disputes.
11h
New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...
47m
on MSN
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 ...
HousingWire
5h
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 ...
bankingdive
8h
CFPB brings back sandbox program, but keeps competition emphasis
The bureau’s policies restore the no-action letter and sandbox designation, but feature some tweaks aimed at correcting past “shortcomings.” ...
American Banker
14h
CFPB rules, M&A standards most likely CRA repeal targets
While most of the Biden administration's prudential banking regulations can't be overturned under the Congressional Review ...
10h
on MSN
CFPB finalizes rule to remove medical debt from credit reports
The Consumer Financial Protection Bureau finalized a rule that would remove medical bills from credit reports and prevent ...
2d
on MSN
CFPB announces final rule to remove medical bills from credit reports
The Consumer Financial Protection Bureau said on Tuesday it has finalized a rule that will remove medical bills from credit ...
American Banker
1d
CFPB to regulate large participants in personal loan market
The Consumer Financial Protection Bureau said it would undertake a rule to regulate large participants in the personal loan ...
JD Supra
7h
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 ...
2d
Berkshire-owned lender sued by CFPB over ‘unaffordable’ home loans
Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, ...
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