Rep. Torres weighs in on debit card interchange, trigger leads
Rep. Ritchie Torres (D-N.Y.) reiterated his concern that a Fed proposal to lower the legal limit on debit card interchange ...
Tag: Credit reporting
CFPB: Fair credit reporting rules apply to employee monitoring tools
Employers that use algorithmic scores and other third-party consumer reports to gather information about potential hires and current employees may ...
House lawmakers: CFPB should drop proposal to exclude medical debt from credit reports
A CFPB proposal to prohibit lenders from considering medical debt from most credit reports will undermine underwriting processes and increase ...
ABA: Proposed CFPB medical debt rule would reduce credit availability to consumers
ABA said it had significant concerns with a proposed rule to prohibit lenders from considering medical debt and remove medical ...
CFPB issues rule proposing the removal of medical bills from credit reports
The goal, the bureau said, is to increase privacy protections, increase credit scores and loan approvals, and prevent debt collectors ...
CFPB planning new rules for data brokers later this year
CFPB Director Rohit Chopra said the bureau will propose new rules later this year to limit certain activities of data ...
ABA backs bills to prevent abuse of mortgage ‘trigger leads’
ABA urged Congress to pass legislation to ban the practice of credit reporting firms selling consumer contact information to lenders ...
CFPB issues guidance on background checks, credit file disclosure
The CFPB issued two advisory opinions for consumer reporting companies to address what it said were inaccurate background check reports ...
Proposed legislation would curtail trigger leads
Trigger leads are a marketing product sold by credit bureaus containing contact information for consumers who have had a credit ...
ABA, associations urge CFPB to move cautiously in credit reporting rulemaking
A CFPB proposal to overhaul how it regulates consumer credit reporting should first be put forward as an advanced notice ...
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