The Consumer Financial Protection Bureau, now led by Treasury Secretary Scott Bessent, agreed to temporarily halt enforcement ...
Seventeen financial services trade groups are calling on the CFPB to abandon its plan to amend rules under the Fair Credit Reporting Act (FCRA) ...
On February 6, the U.S. District Court in the Eastern District of Texas issued a 90-day stay of the upcoming March 17 effective date of the ...
President Trump and other critics of the agency say it needs to be shut down. Supporters of the agency point to its record of protecting consumers.
Credit bureaus are required by the FCRA to provide notice of a consumer dispute to the credit furnisher that reported the disputed information. The CFPB said that Equifax "engaged in unfair conduct by ...
CFPB orders Equifax to pay $15 million penalty for improper investigation of credit reporting errors
The CFPB found Equifax violated the FCRA’s requirements for investigating and processing consumer disputes and assuring maximum possible accuracy of information on its consumer reports.
"to the detriment of millions of consumers," according to the CFPB, which alleged Equifax violated the Fair Credit Reporting Act. Equifax settled the allegations to "[turn] the page on the CFPB's ...
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Hosted on MSNYour credit score could be wrong, CFPB saysEquifax, a leading credit reporting agency, faces a $15 million fine from the Consumer Financial Protection Bureau (CFPB) for ...
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