CFPB considers raising regulatory thresholds for certain nonbanks
The CFPB is seeking public input on whether it should raise the thresholds for determining which nonbank service providers fall ...
Tag: Credit reporting
Survey finds ‘knowledge gaps’ among adults about credit
Most U.S. adults who own credit cards show “a lack of knowledge of credit fundamentals,” leading to habits that could ...
Court vacates CFPB medical debt rule
A federal court in Texas vacated the CFPB’s medical debt reporting rule after the bureau’s current leadership joined with plaintiffs ...
Senate passes ABA-advocated ‘trigger leads’ bill
The Senate granted unanimous consent to S. 1467, an ABA-advocated bill that would would prevent credit reporting agencies from selling ...
House panel advances ABA-backed bills on trigger leads, other topics
In a memo sent in advance of the markup, ABA noted that H.R. 2808 would “curb the abusive use of ...
ABA, associations urge House lawmakers to ban abuse of mortgage trigger leads
The bipartisan Homebuyers Privacy Protection Act would amend the Fair Credit Reporting Act to eliminate abusive mortgage “trigger leads,” only ...
ABA supports resolution to overturn CFPB medical debt rule
Noting that the CFPB's final rule on medical debt reporting would harm "banks’ lending risk, consumers’ default risk, and the ...
Courts grant stays in lawsuits over Section 1071, medical bill reporting
Two federal courts have granted stays in a pair of lawsuits against the CFPB over the Section 1071 data collection ...
CFPB urges states to ban medical debt on credit reports
The CFPB in recent days has written to four states in support of proposed laws to prohibit credit reporting agencies ...
CFPB finalizes rule removing medical bills from credit reports
The CFPB finalized a rule removing medical debt and medical bills from credit reports. The rule also prohibits lenders from considering ...
