ABA, associations seek passage of Fair Credit Reporting Act reform
Before the end of the current Congress, the House should pass legislation to align the Fair Credit Reporting Act with ...
Tag: Credit reporting
CFPB announces changes to consumer complaint portal
The CFPB unveiled actions to “restore integrity and utility” to its consumer complaint portal, which it said would increase the ...
ABA: Policymakers should avoid changes that reduce credit availability
The Fair Credit Reporting Act is a critical consumer protection law that supports responsible lending, and policymakers should avoid changes ...
Rebuilding credit after debt: What the data signals about recovery and resilience
For financial institutions, combining clear education with responsible products and transparent customer support can help consumers navigate recovery while also ...
ABA urges CFPB to improve complaint intake form, combat frivolous complaints
ABA is urging the CFPB to remove four demographic fields from its Consumer Response Intake Form and to take action ...
ABA, associations seek guardrails on FCRA class action litigation abuse
A proposed bill to curb abuse of the Fair Credit Reporting Act by class action plaintiffs' attorneys would establish reasonable ...
CFPB: Federal law preempts state law on credit reporting
The CFPB issued an interpretive rule stating that the Fair Credit Reporting Act preempts state laws on credit reporting, with ...
ABA Foundation, FICO announce new partnership for Get Smart About Credit Day
As part of Get Smart About Credit Day on Oct. 16, the ABA Foundation is partnering with analytics software firm ...
ABA urges CFPB to maintain robust supervision of ‘larger participant’ nonbanks
In four comment letters, ABA urged the CFPB to maintain robust supervision of nonbanks in the markets for automobile lending, ...
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 ...
