During the week of January 6, the CFPB released a “second” Winter 2024 Supervisory Highlights, focused on the agency’s most recent findings ...

Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.

The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing ...

The CFPB cited Equifax’s failure to investigate disputes and resolve errors as part of its crackdown on credit reporting.

The regulatory agency said it is ordering Honda Finance to pay $10.3 million redress to consumers and a $2.5 million civil penalty. Honda Finance, which is an auto-finance subsidiary of American Honda ...

While CROA focuses on regulating credit repair companies, other federal laws are focused on protecting consumers. The Fair ...

The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit ...

These reports can impact loan approvals, insurance rates, and housing opportunities. The CFPB said Equifax violated the Fair Credit Reporting Act, which mandates that credit reporting agencies ...

For the “failure to conduct proper investigations of consumer disputes,” the Consumer Financial Protection Bureau (CFPB) last ...

The Consumer Financial Protection Bureau (CFPB) has taken enforcement action against American Honda Finance Corporation for ...

An Equifax spokesperson said the settlement resolves a long-running investigation that was publicly disclosed in 2022. The company worked proactively with the CFPB even before the probe began to ...