Category: Official guidance

Bulletin re: furnisher Fair Credit Reporting Act (FCRA) obligation to have reasonable written policies and procedures

The Consumer Financial Protection Bureau (CFPB) issues this bulletin to emphasize the obligation of furnishers under Regulation V to establish and implement reasonable written policies and procedures regarding the accuracy and integrity of information relating to consumers that they furnish to consumer reporting agencies (CRAs). 

CFPB Bulletin 2016-01 

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