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Consumer Financial Protection Bureau, Equifax

NerdWallet · 3d

What Is the Consumer Financial Protection Bureau?

The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, including banks, lenders and other financial institutions.

US consumer bureau fines Equifax $15 million over handling of consumer disputes

The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million for failing to sufficiently investigate consumer disputes of its credit reports.

The Business Journals · 3d

Equifax hit with $15 million penalty from U.S. Consumer Financial Protection Bureau

Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes. The Consumer Financial Protection Bureau issued a consent order on Friday against the Atlanta-based consumer reporting agency,

The College Investor on MSN · 3d

Equifax Fined $15M Over Credit Errors And Dispute Handling

Key Points ・The CFPB ordered Equifax to pay $15 million for mishandling consumer disputes and re-inserting previously deleted mistakes. ・Flawed processes led to confusing letters, inaccurate credit scores,

CFPB Proposes Interpretive Rule on Emerging Payment Mechanisms Under EFTA

On January 2, 2025, the Consumer Financial Protection Bureau (CFPB) proposed an interpretive rule under the Electronic Fund Transfer Act (EFTA) ...

4d

CFPB Fines CashApp $175 Million for Allegedly Mishandling Fraud Claims

If you lost money to scammers or had your account frozen on a popular peer-to-peer payment platform, you might be due for a ...

7don MSN

Billions of dollars for millions of Americans: why 'delete the CFPB' might not fly

Elon Musk, Trump’s new presidential advisor, tweeted in early November “Delete CFPB. There are too many duplicative ...

CFPB Issues Warning on Risks of Home Equity Contracts, Takes Legal Action to Ensure Compliance with TILA

On January 17, 2024, the Consumer Financial Protection Bureau (CFPB) issued a report, consumer advisory, and filed an amicus brief addressing ...

nationalmortgageprofessional.com7h

Equifax Paying $15 Million For Consumer Dispute Failures

For the “failure to conduct proper investigations of consumer disputes,” the Consumer Financial Protection Bureau (CFPB) last ...

Hosted on MSN7d

New CFPB regulation removes medical debt from credit reports, easing financial burden

In a groundbreaking move, the Consumer Financial Protection Bureau (CFPB) has approved a regulation that will exclude medical ...

Block's Cash App Ordered to Pay $175 Million by CFPB Over Fraudulent Transaction Handling

Cash App's parent company Block must pay up to $175 million after a CFPB crackdown on fraudulent transaction handling.

4d

US CFPB fines Cash App-parent Block over insufficient fraud protection

The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...

3don MSN

CFPB fines Equifax $15 million over errors on credit reports

The Consumer Financial Protection Bureau fined Equifax $15 million over credit reporting errors. The CFPB alleged the credit ...

CFPB Cracks Down on Draper & Kramer for Alleged Discriminatory Lending in Chicago and Boston

CFPB acts against Draper & Kramer Mortgage for alleged discriminatory lending, facing a potential ban and $1.5M penalty.

CFPB Sues Consumer Reporting Agency Regarding Investigations of Consumer Disputes

On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint against a nationwide consumer reporting ...

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