Consumer complaints about credit reporting agencies highlighted in CFPB ...

The CFPB is required by the Fair Credit Reporting Act to produce an annual report about complaints submitted by consumers about the nationwide consumer reporting agencies – Equifax, Experian and ... Read More

CFPB Pans Credit Reporting Agency Consumer Complaint Handling

On January 5, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a report detailing consumer complaint deficiencies by the national credit reporting agencies (NCRAs). Specifically ... Read More

Consumer complaints against credit-reporting agencies double during ...

For the vast majority, the outcome of their complaints is unknown through the CFPB data because the credit-reporting agencies did not respond, or they chose to make the outcome of the case secret. Read More

CFPB Releases Report on Credit Reporting Agencies, Suggests Future ...

The Consumer Financial Protection Bureau (CFPB) released a report (2022 CFPB Report) on January 3, 2023, detailing information and trends related to how nationwide consumer reporting agencies ... Read More

Credit reporting firms should fix practices amid consumer complaints- U ...

Gripes about the U.S. credit reporting agencies have long topped the list of public complaints in the CFPB's database, which debuted in 2012 to boost transparency on consumer issues. Sign up here. Read More

Equifax Fined $15M For Inaccurate Credit Scores, Mishandling ... - MSN

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. Read More

TD Bank repeatedly gave inaccurate customer data to consumer reporting ...

Money Minute: Data mistakes that impact your credit score 01:08. The American subsidiary of Canada's Toronto-Dominion Bank will pay nearly $28 million in restitution and penalties for allegedly ... Read More

CFPB Reminds Consumer Reporting Agencies to Toss 'Junk Data' in the Trash

With the industry showing little progress in eradicating this problem, the U.S. Bureau of Consumer Financial Protection (CFPB), recently released an advisory opinion reminding CRAs that they have ... Read More

CFPB takes a closer look at consumer mortgage complaints - HousingWire

The Consumer Financial Protection Bureau (CFPB) this week released its 2023 Consumer Response Annual Report, offering an overview of consumer complaints in a variety of industries overseen by the ... Read More