CFPB Report Details Complaint Response Deficiencies of Large Credit Bureaus

Written By ESR News Blog Editor Thomas Ahearn On January 5, 2022, the Consumer Financial Protection Bureau (CFPB) released its annual report of consumer and credit reporting complaints that revealed how changes in complaint responses from three nationwide consumer reporting agencies (NCRAs) – Equifax, Experian, and TransUnion – resulted in less consumer relief. The report from…

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…