Credit reporting agencies are the companies that compile information from creditors to create your credit reports. Experian, Equifax and TransUnion are the three main credit reporting agencies, but ...
In today's episode, we discuss the CFPB’s recent proposed data broker rule—a proposal that would greatly expand the reach of the Fair Credit ...
On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits consumer reporting ...
On January 17, 2025, the CFPB issued a consent order against a large consumer reporting agency for failing to properly ...
One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and ...
While CROA focuses on regulating credit repair companies, other federal laws are focused on protecting consumers. The Fair ...
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit ...
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.
The regulatory agency said it is ordering Honda Finance to pay $10.3 million redress to consumers and a $2.5 million civil penalty. Honda Finance, which is an auto-finance subsidiary of American Honda ...
The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing ...
An Equifax spokesperson said the settlement resolves a long-running investigation that was publicly disclosed in 2022. The company worked proactively with the CFPB even before the probe began to ...