The CFPB recently filed an amicus brief to ensure furnishers follow their obligation to investigate disputes that consumers submit to credit reporting companies.
Access to credit plays a critical role in financial resiliency, especially during an economic downturn. Credit card companies used credit card line decreases to reduce their credit exposure during the Great Recession and the COVID-19 pandemic. New research explores the impact of credit line decrease decisions on consumers.
Consumers’ Buy-Now-Pay-Later repayment data is starting to be furnished to the nationwide credit reporting companies. A standardized approach would promote consistency and accuracy.
When you dispute credit information with your bank or other furnisher, you should get a clear and understandable response stating a result.
The CFPB recently filed two amicus briefs to ensure that credit reporting companies and furnishers follow their legal responsibilities with respect to accuracy in consumer reports.
Lè ou resevwa bòdwo pou tretman medikal, ou dwe konnen sa ki pwoteje sòlvabilite ou ak kijan pou w evite pyèj.
Kapag siningil ka para sa medikal na paggamot, alamin kung ano ang pumuprotekta sa iyong katayuan sa kredito (credit standing) at kung paano makakaiwas sa mga suliranin.
When you get billed for medical treatment, know what protects your credit standing and how to steer clear of pitfalls.
Khi quý vị được lập hóa đơn cho việc điều trị y tế, hãy biết điều gì bảo vệ tình trạng tín dụng của quý vị và cách tránh xa những cạm bẫy.
Cuando le facturen tratamientos médicos, sepa cómo proteger su calificación crediticia y evitar los inconvenientes.
의료비가 청구되면 신용 상태를 보호하는 방법과 위험을 피하는 방법에 대해 알아보세요.
Узнайте, как защитить кредитную историю и избежать ошибочных действий, когда вам выставили счет за медицинское обслуживание.
Inaccurate credit reports hurt small businesses similar to how they hurt consumers – the CFPB commends the FTC for taking action to hold credit reporting agencies accountable for their misconduct toward small businesses.
A CFPB report revealed that the NCRAs have largely relied on vague, unhelpful form letters in response to consumer complaints filed with the Bureau. This practice, which surged in 2020, left families and communities vulnerable at the height of an unprecedented global pandemic and economic crisis.
The No Surprises Act puts guardrails in place to prevent certain unexpectedly high medical bills. Plus, people have protections from unwanted side effects of surprise medical bills: unlawful debt collection and credit reporting.
Your consumer reporting files affect your ability to get a loan, a job, an apartment, and other essentials of life. But, do you know where and how to request your consumer reports and what you can do once you order them? Find out in our list of consumer reporting companies!
Several weeks ago, we issued a market-monitoring inquiry into “buy now, pay later” (BNPL) products and business practices. Now we are inviting anyone interested in this market to submit comments -- including families, small businesses, and international regulators.
Consumers told us how credit reporting errors affect their lives. Here are steps you can take to help hold credit reporting companies accountable.
Holiday shopping season is here. Learn more about Buy Now, Pay Later loans before using them for your holiday purchases.
On November 30, 2021, the Debt Collection Rule became effective. These rules clarify how debt collectors can communicate with you, including what information they’re required to provide. Here are five key things to know about these new debt collection rules.
Learn how Buy Now, Pay Later products work and other important details to help you decide whether or not to use them for purchases.
We have notified companies that we will be paying particular attention to practices related to the accuracy of rental information in consumer reports. Learn how to protect yourself and how to take action if denied rental housing because of errors in your tenant screening reports.
New research finds that over 2.8 million consumers have information on their business loans and other commercial credit products on their consumer credit reports. An examination of commercial and consumer credit also finds common inconsistencies in reporting practices and strategies, with the potential for significant implications for consumers.
Your consumer reporting records affect your ability to get a loan, a job, an apartment, and other essentials of life. But, do you know where and how to request your consumer reports and what you can do once you order them? Find out in our list of consumer reporting companies!