The RBI plans to introduce a unique borrower ID for all loan accounts to minimise and reduce credit report errors, enhance ...

Mid-2025 marks a historic plunge in federal rules, pages, and significant regs—Trump’s deregulatory push is on track for ...

Momentum is building for credit reporting reform, with advocacy groups like the Mortgage Bankers Association (MBA) calling ...

Credit card and online fraud have skyrocketed in India in the last two years. RBI data shows 6,699 cases in 2022-23, jumping to 29,082 in 2023-24, a 986% increase.

Since “on-time payments” make up 35% of your credit score — landing in collections can lower your score in a hurry. Collections typically stay on your credit report for up to 7 years.

If a credit repair company has violated your rights, report the issue to the FTC and your state’s attorney general. You may also consider legal action to recover losses.

The Fair Credit Reporting Act (FCRA) and the Consumer Credit Protection Act (CCPA) both require fairness, accuracy and transparency in credit reporting, lending and debt collection.

The Reserve Bank of India (RBI) has mandated credit lenders to update the credit bureau records every fortnight, starting from January 1, 2025. So far the credit report is updated in a monthly ...

The Reserve Bank of India (RBI) has recently implemented a new regulation regarding credit reporting practices. Starting from January 1, 2025, lenders are required to update credit bureau records ...

These rules, which the federal watchdog agency proposed in June, could be reversed after President-elect Donald Trump takes office Jan. 20. But by finalizing the regulations now, the CFPB ...

WASHINGTON — The Consumer Financial Protection Bureau has proposed a new rule requiring data brokers to comply with the Fair Credit Reporting Act, part of a flurry of last-minute rulemaking at the ...

Credit card users should be aware of RBI regulations that promote transparency, accurate billing, fair debt collection, and privacy protection. These rules ensure user rights are upheld, providing ...