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.
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!
This report explores the prevalence of actual payment information in consumer credit reporting. Quarterly Consumer credit trends reports focus on a specific consumer financial product or issue using a longitudinal, nationally representative sample of de-identified credit records maintained by a nationwide consumer reporting agency.
Learn about the consumer protection laws that keep servicemembers and military families safe from financial fraud and unfair or abusive practices.
Spotlight on providing adverse action notices under the Equal Credit Opportunity Act and the Fair Credit Reporting Act when using artificial intelligence, including machine learning models.
The Bureau released FAQs for industry that will help ensure that consumers affected by COVID-19 receive the credit reporting protections required by the CARES Act amendments to the FCRA.
Your credit 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? You can find out in our list of reporting companies!
CFPB releases report on background screening reports, with a focus on criminal background checks used in employment.