CFPB sues Experian over "sham investigations" into consumer complaints
Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.
Experian credit bureau sued for allegedly failing to properly probe consumer complaints
Experian was sued Tuesday by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to properly probe consumer disputes.
Experian accused of failing to properly investigate consumer disputes
A top watchdog agency for consumer finance has accused credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial
CFPB Sues Experian Over Consumer Dispute Probes -- Update
According to the CFPB, Experian uses faulty intake procedures that fail to properly address consumer disputes. It also sends notices to consumers that fail to inform them of investigation results, instead providing them with ambiguous or inconsistent information, the agency said.
US Consumer Watchdog Sues Experian Over Consumer Credit Accuracy
Experian conducts "sham investigations" into consumer disputes and allows deleted false information to be reinserted into credit files, according to the CFPB. Representatives for Experian did not immediately respond to a request for comment.
Experian sued for allegedly failing to investigate consumer disputes
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Experian, one of the nation's largest credit reporting agencies, for failing to
CFPB Finalizes Rule Removing Medical Debt From Credit Reports
The agency estimated the rule will remove more than $49 billion in medical bills from the credit reports of about 15 million ...
Medical Debt Struck From Credit Reports Under Final CFPB Rule
Most medical debt will be scrapped from consumer credit reports under a final US rule implementing a Biden administration ...
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Feds Finalize Rule Erasing $49 Billion In Medical Debt From Credit Scores, Cfpb Says
About 15 million Americans will see their credit reports cleared of medical debt under a new rule approved by the Consumer ...
CFPB Clarifies Employers’ Obligations When Using Background Dossiers and Algorithmic Scores in Employment Decisions
It’s long been an open secret that employers often review the consumer reports of job candidates when conducting background ...
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CFPB rule bans lenders from using medical debt in credit report determinations
Banks and other lenders will be prohibited from using medical debt information in credit reports, under a new rule finalized ...
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CFPB targets data broker industry in proposed amendments to Fair Credit Report Act regulations
This week, the Consumer Financial Protection Bureau (“CFPB”) unveiled proposed amendments to Regulation V, the agency’s regulations implementing the Fair Credit Reporting Act (“FCRA ...
CFPB finalizes rule barring medical debt from credit reports
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on ...
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CFPB to finalize rule removing medical debt from credit reports
The Consumer Financial Protection Bureau finalized a rule that will remove medical  bills from credit reports to end what the bureau called "coercive debt collection practices." ...