In a bit of a surprise development at the end of 2024, the United States Senate passed the Homebuyers Privacy Protection Act, which amends the ...
Biden's rule to ban medical debt from credit reports is facing lawsuits from industry groups and criticism from GOP lawmakers ...
On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits consumer reporting ...
With the new lawsuits, consumers with medical debt will be stuck in the middle but experts say there are options.
argue that the rule violates the Fair Credit Reporting Act and the bureau lacks the authority to issue such a ban.“Americans are frustrated by medical bills. But frustration does not justify ...
One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and failing to properly investigate consumer disputes, officials said.Equifax will ...
The CFPB cited Equifax’s failure to investigate disputes and resolve errors as part of its crackdown on credit reporting.