How to dispute a collection debt you don't owe
Having an erroneous collection account on your credit report isn't a life sentence, though. There are laws in place to ...
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The Fair Credit Reporting Act: Guide to know the basics
The Fair Credit Reporting Act (FCRA) is a cornerstone of consumer protection in the United States, ensuring the accuracy and privacy of credit information.
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Equifax Paying $15 Million For Consumer Dispute Failures
For the “failure to conduct proper investigations of consumer disputes,” the Consumer Financial Protection Bureau (CFPB) last Friday announced enforcement actions taken against Equifax, requiring the ...
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Seventh Circuit Reverses Summary Judgment in FDCPA Debt Dispute Case
This week, the U.S. Court of Appeals for the Seventh Circuit issued a decision reversing a summary judgment order in a Fair ...
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Equifax Fined $15M Over Credit Errors And Dispute Handling
Flawed processes led to confusing letters, inaccurate credit ... by stricter regulations and align its dispute procedures with the Fair Credit Reporting Act (FCRA). This means ensuring that ...
CFPB orders Equifax to pay $15 million penalty for improper investigation of credit reporting errors
Today, the Consumer Financial Protection Bureau (CFPB) took action against Equifax, the nationwide consumer reporting agency, for its failure to conduct proper investigations of consumer disputes.
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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 ... the Fair Credit Reporting Act, which requires ...
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CFPB Sues Consumer Reporting Agency Regarding Investigations of Consumer Disputes
On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint against a nationwide consumer reporting ...
CFPB fines Equifax $15 million over errors on credit reports
The Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit reports, alleging the company failed to conduct proper investigations of disputed information, ...
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CFPB penalties against American Honda Finance & Equifax approach $30M
The Consumer Financial Protection Bureau finished last week with notable actions against a captive finance company and a credit bureau with total penalties against the companies approaching $30 ...
Los Angeles Times29d
Experian credit bureau sued for allegedly failing to properly probe consumer complaints
The Costa Mesa-based company was accused in a federal lawsuit of failing to properly investigate consumer disputes with creditors and committing other violations of the Fair Credit Reporting Act ...
Feds order Atlanta-based Equifax to pay $15M for improper investigations of credit report errors
The U.S. Consumer Financial Protection Bureau ordered Equifax to pay $15 million after it “failed to conduct adequate investigations of disputed information in credit reports.” ...