Lender to Pay $19M for ‘Widespread’ Credit Reporting ‘Failures’
The Consumer Financial Protection Bureau yesterday announced a consent order with Hyundai Capital America, the financing arm of Hyundai Motors, ...
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Tag: Credit Reporting
CFPB Issues Rule Outlining How States Can Enact Credit Reporting Laws
Just because grandma allows your kids to run in her house does not mean that you have to let them ...
Read moreDetailsCFPB Calls for Standard Credit Reporting on BNPL Debts
The Buy Now, Pay Later (BNPL) space is a new form of credit, and like anything new, it is going ...
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CFPB Seeks Info on ‘Suppressed’ Credit Card Payment Information Furnished to CRAs
The Consumer Financial Protection Bureau is asking each of the nation's six largest credit card lenders why they are choosing ...
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Class-Action Lawsuit Accuses Collector of Violating FDCPA By Including Credit Reporting Language in Letter
A class-action lawsuit has been filed in New Jersey alleging a collector violated the Fair Debt Collection Practices Act by ...
Read moreDetailsCFPB Publishes Report on Credit Reporting and Medical Debts, Vows to Take Action Against ‘Questionable’ Medical Bills
I have no proof of this, but my gut tells me that Rohit Chopra is a pretty good chess player. ...
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VA Sets New Threshold For Reporting Medical Debt to Credit Bureaus
The Department of Veterans Affairs has published a final rule detailing how delinquent debts owed to the VA are reported ...
Read moreDetailsCFPB Calls Out Credit Bureaus in Report Diving into Consumer Complaints
The three major credit reporting agencies -- Equifax, Experian, and TransUnion -- are not treating consumers fairly, which is resulting ...
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Senators Call on CFPB to Investigate, Reform Credit Reporting Process
A number of leading Senate Democrats are calling on Rohit Chopra and the Consumer Financial Protection Bureau to "take concrete ...
Read moreDetailsCFPB Analyzes Dispute Trends on Credit Reports
Consumers that live in neighborhoods where the majority of individuals are African-American or Hispanic, or who are delinquent on their ...
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