CFPB Issues Credit Reporting Guidance During COVID-19 Pandemic
The Consumer Financial Protection Bureau released a policy statement outlining the responsibility of credit reporting companies and furnishers during the COVID-19 pandemic.
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Consumer Financial Protection Bureau Settles with Short-Term Lender for Unfair and Deceptive Acts and Practices
The Consumer Financial Protection Bureau announced a settlement with Cottonwood Financial, Ltd., which does business under the name Cash Store, on April 1, 2020.
CFPB Announces Panels for CFPB-FTC Workshop on Accuracy in Consumer Reporting
CFPB announced the panels for its December 10, 2019 workshop, cohosted with the Federal Trade Commission (FTC), to examine issues affecting the accuracy of traditional credit reports.
Consumer Financial Protection Bureau Settles with Employment Background Screening Company
The Consumer Financial Protection Bureau (Bureau) filed a proposed stipulated judgment with Sterling Infosystems, Inc. to resolve allegations that Sterling violated the Fair Credit Reporting Act (FCRA).
Consumer Financial Protection Bureau Releases Report on Third-Party Debt Collections
The Consumer Financial Protection Bureau (Bureau) released a report today that found that more than one-in-four consumers with a credit report have at least one debt in collection by third-party debt collectors.
Bureau of Consumer Financial Protection Settles with State Farm Bank
Company Violated the Fair Credit Reporting Act and Consumer Financial Protection Act in Furnishing Consumer-Report Information and Obtaining and Using Consumer Reports
Bureau of Consumer Financial Protection Issues Updated FCRA Model Disclosures
The Bureau of Consumer Financial Protection (Bureau) today issued an interim final rule updating two model disclosures to reflect changes made to the Fair Credit Reporting Act (FCRA) by recent legislation.