The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, including banks, lenders and other financial institutions.
CFPB Fines Equifax $15M Over Consumer Dispute Probes
A groundbreaking regulation by the Consumer Financial Protection Bureau (CFPB) is set to transform the credit landscape in the United States. By excluding unpaid medical bills from credit reports, millions of Americans could see their credit scores rise,
The CFPB's ruling will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.
Opposition is quickly forming against the Biden administration’s rule to ban medical debt from appearing on consumers’ credit reports, threatening the viability of what could be a popular regulation.
The Consumer Financial Protection Bureau has finalized a rule to keep medical bills off of consumers’ credit reports.
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to properly probe consumer disputes.
The Consumer Financial Protection Bureau (CFPB) today sued Experian, the national consumer credit reporting agency, for threatening consumers’ access to credit, employment, and housing by failing to properly investigate consumer disputes.
The Consumer Financial Protection Bureau finalized a rule that would remove medical bills from credit reports and prevent lenders from using medical information in lending decisions.
On Jan. 7, 2025, the Consumer Financial Protection Bureau (CFPB ... In April 2023, the three main credit bureaus — Experian, TransUnion and Equifax — stopped including medical debt under ...
The rule removes an estimated $49 billion in medical bills from about 15 million Americans' credit reports and bars lenders from using medical information in their lending decisions.
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes.