CFPB Announces Settlement with Debt Collector for Alleged FCRA Violations

Written By ESR News Blog Editor Thomas Ahearn On November 12, 2020, the Consumer Financial Protection Bureau (CFPB) announced a settlement with a non-bank Illinois-based debt collector that specializes in collecting debt on behalf of telecommunications companies and furnishes information to Consumer Reporting Agencies (CRAs) to address alleged violations of the federal Fair Credit Reporting…

CFPB Issues Consumer Reporting FAQs for CARES Act and COVID-19 Pandemic

Written By ESR News Blog Editor Thomas Ahearn On June 16, 2020, the Consumer Financial Protection Bureau (CFPB) – which helps businesses comply with federal consumer financial law – issued Consumer Reporting Frequently Asked Questions (FAQs) related to the “Coronavirus Aid, Relief, and Economic Security Act (CARES Act)” and the Coronavirus (COVID-19) pandemic. On April…