Newsroom
Today the Bureau is releasing a study on how the collection of medical debt affects a consumer's credit score. What we found is that consumers' credit...
By
Richard Cordray
Bureau Publishes Action Letters for Child Welfare Caseworkers to Send to Credit Bureaus The Bureau today took action to better protect children in the...
Bureau Report Finds Accuracy Issues Top Credit Report Complaints; Warns on Avoiding Investigations Today, the Bureau called on the nation's top credit card...
The CFPB released a bulletin stressing that, under the law, these companies, called furnishers, are responsible for investigating consumer disputes...
Credit reporting plays a critical role in consumers' financial lives. Credit reports on consumers' financial history and behavior can determine their...
By
Corey Stone
The industry is critical in our economy. It promotes access to credit that consumers can afford to repay. Without credit reporting, many consumers likely...
By
Corey Stone
Among the key takeaways in the report, which is one of the most comprehensive studies of credit reporting to date, are that credit card history dominates...
The report highlights the basic systems the credit reporting companies use to collect, organize, and maintain consumer credit information. It is based on...
By
Richard Cordray
"Today's agreement is a critical step to better protecting consumers from illegal and discriminatory lending practices. We look forward to continuing our...
"Today, the CFPB is reminding these companies that they must follow the law and provide consumers with easy access to their free annual report. If we have...
"This report underscores our work to address practices that are risky to consumers, as well as our continued commitment to making sure that institutions are...
Consumer reporting agencies, which include what are popularly called credit bureaus or credit reporting companies, are private businesses that track a...
Today's proposal would allow a stay-at-home spouse or partner to rely on shared income from his or her spouse or partner when applying for a credit card...
The study found that about one out of five consumers would likely receive a meaningfully different score than would a lender.
The examination process will be an ongoing process of pre-examination scoping and review of information, data analysis, onsite examinations, and regular...
"One way consumers have tried to empower themselves is by knowing their credit scores. We are assessing whether purchasing a credit score provides a...
