Independent gov agency sues Experian for ‘sham investigations of credit report errors'
Having a good credit score can really make a difference in your family’s budget. For example, the higher your score, the less interest you’ll pay on a loan. Monday, the Consumer Financial Protection Bureau,
CFPB sues Experian over "sham investigations" into consumer complaints
Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.
Experian accused of failing to properly investigate consumer disputes
A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial Protection Bureau (CFPB) said it had sued the company for unlawfully failing to investigate consumers’ issues.
CFPB sues Experian for mishandling credit report errors
The Consumer Financial Protection Bureau has long had concerns about the accuracy of information that plays a key role in loan access, pricing and performance.
CFPB Sues Experian Over Consumer Dispute Probes -- Update
According to the CFPB, Experian uses faulty intake procedures that fail to properly address consumer disputes. It also sends notices to consumers that fail to inform them of investigation results, instead providing them with ambiguous or inconsistent information, the agency said.
Experian credit bureau sued for allegedly failing to properly probe consumer complaints
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to properly probe consumer disputes.
Experian Conducted ‘Sham Investigations’ Into Errors in Its Credit Reports, CFPB Alleges
The Consumer Financial Protection Bureau sued the credit reporting agency alleging that if failed to investigate or correct errors in credit reports even when it had ample evidence supporting consumer disputes.
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Feds Finalize Rule Erasing $49 Billion In Medical Debt From Credit Scores, CFPB Says
About 15 million Americans will see their credit reports cleared of medical debt under a new rule approved by the Consumer ...
Medical Debt Struck From Credit Reports in Final CFPB Rule (1)
Most medical debt will be scrapped from consumer credit reports under a final US rule implementing a Biden administration ...
CFPB finalizes rule barring medical debt from credit reports
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on ...
CFPB Clarifies Employers’ Obligations When Using Background Dossiers and Algorithmic Scores in Employment Decisions
It’s long been an open secret that employers often review the consumer reports of job candidates when conducting background ...
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CFPB to finalize rule removing medical debt from credit reports
The Consumer Financial Protection Bureau finalized a rule that will remove medical  bills from credit reports to end what the bureau called "coercive debt collection practices." ...
Even if CFPB Trims Rulemaking, It Will Keep Eyeing Data Brokers
Troutman Pepper attorneys highlight legal obligations under the Fair Credit Reporting Act and how companies should continue ...
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CFPB rule bans lenders from using medical debt in credit report determinations
Banks and other lenders will be prohibited from using medical debt information in credit reports, under a new rule finalized ...