Changes in the tests for defining larger participants in the auto financing, consumer debt collection, consumer reporting, and international money transfer markets are contemplated in four advance notices of proposed rulemaking (ANPRs) from the Consumer […]
Consumer reporting companies and data furnishers continued to violate the Fair Credit Reporting Act (FCRA) by failing to promptly address and update incorrect information on credit reports, according to a report issued Wednesday by the […]
Consumers’ use of their own financial data and how technology companies’ activities may require consumer reporting are two rules under consideration by the federal consumer financial protection agency, its director indicated Wednesday. Speaking to a […]
Amid soon-expiring COVID-19 pandemic-related protections for renters, the Consumer Financial Protection Bureau (CFPB) on Thursday issued a compliance bulletin reminding landlords, consumer reporting agencies (CRAs), and others of their obligations to accurately report rental and eviction […]
In case you were wondering, a statement issued by the consumer financial protection agency more than two months ago that provides some flexibility for those affected by the coronavirus pandemic does not say that furnishers […]
Credit or consumer reporting made up 44% of all complaints received by the federal consumer financial protection agency in 2019 – a 23% increase from the previous year and the largest number of complaints in […]
Expectations about reasonable procedures for assuring maximum possible accuracy, and reasonable investigations of consumer disputes, should be communicated to consumer reporting agencies (CRAs) by the federal consumer financial protection agency, the congressional watchdog said in […]
Congress should consider giving the Federal Trade Commission (FTC) civil penalty authority to enforce the Gramm-Leach-Bliley Act’s (GLBA) safeguarding provisions for information gathered by consumer reporting agencies (CRAs), the Government Accountability Office (GAO) stated in […]
The latest list of consumer reporting companies was released by the federal consumer financial protection agency Thursday, which includes the three nationwide credit reporting companies as well as other companies that focus on certain market […]
The 2018 roster of consumer reporting agencies, broken down into 11 categories, was published by the Consumer Financial Protection Bureau (CFPB) Tuesday in the agency’s annual listing. The CFPB said the list (current as of […]
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