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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.
JD Supra1d
CFPB fines credit reporting agency $15M for alleged violations
On January 17, the CFPB issued a consent order settling allegations that a consumer reporting agency (CRA) violated the FCRA and engaged in ...
The National Law Review2d
CFPB Examinations Highlight Fair Lending Risks in Credit Scoring Models
Amid recent technological advances in artificial intelligence and machine learning, on January 17, 2025, the CFPB issued its Winter 2025 Supervisory Highlights: Advanced Technologies Special Edition.
Equifax Ordered to Pay $15 Million: Here’s What Consumers Should Know
The Consumer Financial Protection Bureau (CFPB) announced on Jan. 17, 2025, that Equifax, one of the three major credit bureaus, must pay a $15 million penalty for not conducting ...