Consumer Financial Protection

CFPB Says Lenders Must Explain AI-Driven Credit Denials
CFPB Says Lenders Must Explain AI-Driven Credit Denials
September 19, 2023  |  Regulation

The Consumer Financial Protection Bureau (CFPB) has released guidance for lenders who utilize artificial intelligence (AI) and complex models in their credit decision-making processes. The guidance emphasizes the need...

READ MORE >
It’s Time To Reset Consumer Financial Protection
It’s Time To Reset Consumer Financial Protection
November 28, 2016  |  CFPB

Consumers definitely need consumer financial protection. They are preyed upon by providers looking to make money on folks who are gullible, innumerate or just not...

READ MORE >