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 ...
Tag: Credit reporting
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 ...
CFPB seeks comment on use of credit reporting in domestic violence, elder abuse
The CFPB is seeking public input in advance of a proposed rule to extend the Fair Credit Reporting Act’s identity ...
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 ...
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 ...
