CFPB Recommends Limits On FCRA Class Action Lawsuit Monetary Awards
Written By ESR News Blog Editor Thomas Ahearn On January 5, 2021, the Consumer Financial Protection Bureau (CFPB) released a two-volume “Taskforce on Federal Consumer Financial Law Report” (Volume I and Volume II) that made recommendations on how to improve consumer protection in the financial marketplace including recommending that Congress amend the Fair Credit Reporting…