In a move that could have significant implications for consumers and the credit reporting industry, the Consumer Financial Protection Bureau (CFPB) has taken legal action against Experian ...
Experian has become the latest focus of the Consumer Financial Protection Bureau (CFPB) as the agency intensifies its regulatory and enforcement activity ahead of the impending White House transition.
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Experian, one of the largest credit reporting agencies in the U.S., for allegedly conducting "sham investigations" into ...
The CFPB alleges that Experian has violated the FCRA’s requirements for handling consumer disputes in numerous ways. Specifically, the CFPB alleges that Experian is harming consumers by: ...
The Consumer Financial Protection Bureau has filed a federal lawsuit alleging that Experian's responses to borrower complaints about accuracy violate the Fair Credit Reporting Act. In the lawsuit ...
A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial ...
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"When consumers disputed errors on their credit reports, Experian conducted sham investigations rather than properly reviewing the disputes as required by federal law," CFPB Director Rohit Chopra ...
The alleged conduct results in errors remaining on consumer reports, and errors being reinserted even after resolution The Consumer Financial Protection Bureau (CFPB) today sued Experian, the national ...
“The CFPB alleges that Experian does not take sufficient steps to intake, process, investigate, and notify consumers about consumer disputes, resulting in the inclusion of incorrect information ...