Fair Credit Reporting Act

CFPB to Propose Rules Limiting Activities of Data Brokers
CFPB to Propose Rules Limiting Activities of Data Brokers
February 28, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) will propose rules this year to limit the activities of data brokers, including those that sell personal data to customers overseas....

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TransUnion Faces Allegations of Violations of Fair Credit Reporting Act
TransUnion Faces Allegations of Violations of Fair Credit Reporting Act
October 12, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) have taken enforcement actions against consumer reporting company TransUnion, alleging multiple violations of the Fair Credit Reporting Act....

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CFPB Wants to Wipe Medical Bills From Credit Reports
CFPB Wants to Wipe Medical Bills From Credit Reports
September 21, 2023  |  Healthcare Financing

The Consumer Financial Protection Bureau (CFPB) has begun a rulemaking process aimed at removing medical bills from Americans’ credit reports. This move is intended to provide financial...

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CFPB Could Use Credit Reporting Act Against Data Brokers
CFPB Could Use Credit Reporting Act Against Data Brokers
August 16, 2023  |  CFPB

America’s consumer watchdog wants to crack down on “data brokers” who collect and sell people’s personal information. Speaking at a White House roundtable Tuesday (Aug....

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CFPB Goes After Data Brokers
CFPB Goes After Data Brokers
March 16, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has begun an investigation into companies that track and collect consumer data. The watchdog group said it “wants to...

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CFPB Bolsters Data Privacy, Cybersecurity Regulations
CFPB Bolsters Data Privacy, Cybersecurity Regulations
July 07, 2022  |  Regulation

The Consumer Financial Protection Bureau (CFPB) on Thursday (July 7) handed down new data privacy and cybersecurity regulations to dictate how companies can use and...

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CFPB: Santander Must Pay $4.75 Million For Credit Reporting Violations
CFPB: Santander Must Pay $4.75 Million For Credit Reporting Violations
December 23, 2020  |  CFPB

Santander Consumer USA was ordered to pay $4.7 million to the Consumer Financial Protection Bureau (CFPB) for violating the Fair Credit Reporting Act (FCRA), the...

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FTC: Fair Credit Reporting Act Still Top Priority
FTC: Fair Credit Reporting Act Still Top Priority
July 13, 2018  |  Regulation

The Federal Trade Commission testified on Thursday (July 12) that enforcement of the Fair Credit Reporting Act (FCRA) remains a top priority. “FCRA enforcement continues...

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Why Regulation Won’t Fix Credit Reporting Agencies
Why Regulation Won’t Fix Credit Reporting Agencies
September 18, 2017  |  Regulation

Some of the most memorable television commercials of the 1970s and 1980s were those promoting E. F. Hutton’s brokerage services. When its tagline, “When E....

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