Consumer Financial Protection Bureau Archives

CFPB Announces Data Breach Involving More Than 250,000 Consumers

Written on May 2, 2023.

CFPB Announces Data Breach Involving More Than 250,000 Consumers May 2, 2023 The Consumer Financial Protection Bureau (CFPB) is a U.S. government agency established to safeguard consumers in the financial sector. Recently, the agency disclosed...

Report Finds Complaints About National Credit Reporting Agencies Filed with the CFPB Nearly Doubled From 2021 to 2022

Written on April 27, 2023.

Report Finds Complaints About National Credit Reporting Agencies Filed with the CFPB Nearly Doubled From 2021 to 2022 April 27, 2023 Between 2021 and 2022, consumer reports filed with the Consumer Financial Protection Bureau (CFPB) against National...

It Is Time for Employers to Update Their FCRA Summary of Rights Notices

Written on April 7, 2023.

It Is Time for Employers to Update Their FCRA Summary of Rights Notices April 7, 2023 The Consumer Financial Protection Bureau (CFPB) recently released a new rule that employers should turn their focus on. The agency urges employers to take swift...

CFPB and FTC May Have Reached Settlement With Consumer Reporting Agency Over Tenant Screening Errors

Written on February 27, 2023.

CFPB and FTC May Have Reached Settlement With Consumer Reporting Agency Over Tenant Screening Errors February 27, 2023 A major credit reporting agency (CRA) recently informed investors that it might be facing a joint enforcement action from the...

CFPB Reports Inaccurate Background Checks Are Increasing the Cost of Renting

Written on December 3, 2022.

CFPB Reports Inaccurate Background Checks Are Increasing the Cost of Renting December 3, 2022 A recent report from the Consumer Financial Protection Bureau (CFPB) revealed how inaccurate tenant screening reports had begun negatively impacting...

Lawyer Who Claims Inaccurate Consumer Report Cost Judgeship Reaches Settlement

Written on October 31, 2022.

Lawyer Who Claims Inaccurate Consumer Report Cost Judgeship Reaches Settlement October 31, 2022 At the beginning of the year, a South Carolina lawyer accused a consumer reporting agency (CRA) of costing her a chance at a position as a judge. Now,...

Trade Organizations File Amicus Brief Asking Second Circuit to Reject CFPB’s Interpretation of FCRA’s Maximum Accuracy Requirement

Written on September 15, 2022.

Trade Organizations File Amicus Brief Asking Second Circuit to Reject CFPB’s Interpretation of FCRA’s Maximum Accuracy Requirement September 15, 2022 In a case before the Second Circuit, the Federal Trade Commission (FTC) and the Consumer Financial...

Congress Questions CFPB’s Authority to Coordinate With States

Written on September 8, 2022.

Congress Questions CFPB’s Authority to Coordinate With States Congressional authorities from the U.S. House Financial Services Committee (HFSC) are questioning whether the agency may be overstepping its legal authority. These questions are in response...

CFPB Penalizes Bank $37.5 Million for Alleged Violations of the FCRA and Other Federal Laws

Written on September 7, 2022.

CFPB Penalizes Bank $37.5 Million for Alleged Violations of the FCRA and Other Federal Laws The Consumer Financial Protection Bureau (CFPB) has recently taken action against a major U.S. bank. Allegedly, the bank accessed consumer credit reports...

CFPB Penalizes Auto Financial Servicer $19 Million for FCRA Violations

Written on August 23, 2022.

CFPB Penalizes Auto Financial Servicer $19 Million for FCRA Violations The Consumer Financial Protection Bureau (CFPB) has announced that it penalized a major auto financing subsidiary for more than $19 million. The CFPB revealed how the auto...

Tag: Consumer Financial Protection Bureau

CFPB Announces Data Breach Involving More Than 250,000 Consumers

Report Finds Complaints About National Credit Reporting Agencies Filed with the CFPB Nearly Doubled From 2021 to 2022

It Is Time for Employers to Update Their FCRA Summary of Rights Notices

CFPB and FTC May Have Reached Settlement With Consumer Reporting Agency Over Tenant Screening Errors

CFPB Reports Inaccurate Background Checks Are Increasing the Cost of Renting

Lawyer Who Claims Inaccurate Consumer Report Cost Judgeship Reaches Settlement

Trade Organizations File Amicus Brief Asking Second Circuit to Reject CFPB’s Interpretation of FCRA’s Maximum Accuracy Requirement

Congress Questions CFPB’s Authority to Coordinate With States

CFPB Penalizes Bank $37.5 Million for Alleged Violations of the FCRA and Other Federal Laws

CFPB Penalizes Auto Financial Servicer $19 Million for FCRA Violations

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