The FCRA requires that a lender, insurer, landlord, employer, or anybody else seeking someone's credit report have a legally permissible purpose to obtain it. Each violation may carry a fine of ...
citing the firm for violations of the Fair Credit Reporting Act (FCRA), levying a $15 million dollar fine against the credit bureau. The CFPB cited a wide variety of violations ranging from ...
On January 17, the CFPB issued a consent order settling allegations that a consumer reporting agency (CRA) violated the FCRA and engaged in ...
violations of the Fair Credit Reporting Act. The company agreed to pay $10.3 million to customers who were harmed and another $2.5 million civil money penalty for damaging borrowers' credit. That $2.5 ...