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CFPB Fines Equifax $15M Over Consumer Dispute Probes
US consumer bureau fines Equifax $15 million over handling of consumer disputes
The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million for failing to sufficiently investigate consumer disputes of its credit reports.
Equifax fined $15 million over its handling of consumer disputes
The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing to adequately investigate cons
Equifax hit with $15 million penalty from U.S. Consumer Financial Protection Bureau
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.
CFPB fines Equifax $15 million for errors on credit reports
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes. Credit reports have a significant impact on consumer finances,
US consumer bureau fines Equifax $15 million for issues fixing consumer disputes
The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million for failing to sufficiently investigate consumer disputes of its credit reports.
CFPB Fines Equifax $15M Over Consumer Dispute Probes -- Update
The Consumer Financial Protection Bureau alleged Friday that Equifax made it difficult for consumers to fully describe their disputes and ignored evidence submitted with those disputes. It also lacked the systems needed to prevent previously deleted errors from being put back on credit reports,
Equifax ordered to pay $15 million for improper investigations regarding credit card errors
The Consumer Financial Protection Bureau (CFPB) this week ordered Equifax to pay $15 million for failing to conduct proper investigations regarding credit card errors, according to a press release. Equifax,
Equifax Fined $15M For Inaccurate Credit Scores, Mishandling Disputes: CFPB
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 pay the fine into the Consumer Financial Protection Bureau's victims relief fund,
2d
US CFPB fines Cash App-parent Block over insufficient fraud protection
The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
NerdWallet
4d
What Is the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...
JD Supra
1d
CFPB's Proposed Rule Targets Consumer Financial Contracts
The Consumer Financial Protection Bureau (CFPB) issued a proposed rule under Regulation AA to address the use of restrictive and coercive clauses ...
4d
on MSN
Consumer bureau sues Capital One for ‘cheating’ customers on savings account interest
The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.
The National Law Review
3d
What the Future May Hold for the Consumer Financial Protection Bureau's Open Banking Rule
Will the Consumer Financial Protection Bureau’s (CFPB) recently promulgated open banking rule survive under the new Congress ...
JD Supra
1d
CFPB Seeks Public Input on Privacy and Data Practices in Consumer Finance
The Consumer Financial Protection Bureau (CFPB) issued a Request for Information (RFI) to gather insights on how companies offering financial ...
11d
on MSN
Experian accused of failing to properly investigate consumer disputes
A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate ...
Hoodline
1h
CFPB Cracks Down on Draper & Kramer for Alleged Discriminatory Lending in Chicago and Boston
CFPB acts against Draper & Kramer Mortgage for alleged discriminatory lending, facing a potential ban and $1.5M penalty.
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