On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits consumer reporting ...

Equifax failed in its basic duty to investigate and resolve consumer disputes about inaccurate information on their credit ...

Global analytics software leader, FICO, will announce its first quarter fiscal 2025 results on February 4, 2025, after the ...

Biden's rule to ban medical debt from credit reports is facing lawsuits from industry groups and criticism from GOP lawmakers ...

With the new lawsuits, consumers with medical debt will be stuck in the middle but experts say there are options.

On January 7, 2025, the CFPB filed a lawsuit against a nationwide consumer reporting agency for violations of the Fair Credit Reporting Act. The lawsuit claims the company’s investigation of ...

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.

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

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 ...