The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against the consumer reporting agency Experian, alleging that if failed to properly investigate consumer disputes. Experian, based in Costa Mesa, California, is one of the nation’s three largest...
The Consumer Financial Protection Bureau (CFPB) finalized a rule that will remove medical bills from the credit reports. The CFPB’s new rule amends Regulation V, which implements the Fair Credit Reporting Act (FCRA), to stop from including medical bills on credit...
Republican lawmakers in the House of Representatives have raised concern over a proposed rule by the Consumer Financial Protection Bureau (CFPB) that would remove medical bills from consumer credit reports. In a letter to CFPB Director Rohit Chopra, the lawmakers led...
The Consumer Financial Protection Bureau (CFPB) has begun a public inquiry into mortgage closing costs, claiming that so-called “junk fees” are inflating these costs. The agency issued a request for information regarding which fees are subject to competition, how fees...