"It's a complex weave and it's important to have a national standard so a lender can evaluate the consumer on a level playing field," said Dan Smith ...

Any clouding effect of private lending has been magnified by delays in government statistics including—crucially for consumer ...

In a landmark move, New York has passed legislation prohibiting the inclusion of medical debt on consumer reports. New York’s newly minted Fair Medical Debt Reporting Act provides a bulwark for ...

A “faulty” transfer of student loan accounts from Nelnet to Mohela in 2023 led to “millions of consumer credit reporting errors,” lawmakers say in a new letter to government agencies reviewed by CNBC.

As the holiday shopping rush ramps up, many people are turning to buy now, pay later to help cover gifts, especially if money ...

The plaintiffs have argued that the credit-reporting agencies' decision to not report unpaid debt under $500 has injured them ...

It’s a good idea to check your credit reports from the three credit agencies regularly, and when consumers get their report from Equifax they may notice some changes. The company has unveiled a newly ...

A survey compiled by the American Financial Services Association showed deteriorating business conditions during the third ...

Credit bureau Equifax has agreed to pay a $15 million fine to the Consumer Financial Protection Bureau Friday to resolve allegations that it failed to conduct proper investigations of consumer ...

Credit reporting problems can be a significant blow to an individual’s financial fortunes. In Virginia, where over 46,000 consumers have filed complaints about credit reporting issues, according to ...

The change in loan servicers caused nearly 2 million duplicate student loan records to appear on borrowers' credit reports, while hundreds of thousands of borrowers' credit scores were reported ...