Consumer Financial Protection Bureau, Equifax

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
In a statement, a spokesperson for Equifax said the settlement "turns the page" on the matter, which it first disclosed in 2022.
US consumer bureau fines Equifax $15 million for issues fixing 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.
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,
CFPB fines Equifax $15 million for errors on credit reports
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes. Credit reports have a significant impact on consumer finances,
Equifax Fined $15M For Inaccurate Credit Scores, Mishandling Disputes: CFPB
One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and failing to properly investigate consumer disputes, officials said. Equifax will pay the fine into the Consumer Financial Protection Bureau's victims relief fund,
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 ...
JD Supra11h
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 ...
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 ...
American Banker22h
Trump's day one: fire Chopra, reset CFPB, elevate crypto
A one-page outline of priorities for Trump's inauguration day obtained American Banker includes financial policy items, ...
JD Supra4h
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) ...
USA Today10d
Billions of dollars for millions of Americans: why 'delete the CFPB' might not fly
In 2017, then-President Donald Trump appointed White House Budget Director Mick Mulvaney to run the Consumer Financial Protection Bureau. As a Republican member of Congress, Mulvaney had ...
nationalmortgageprofessional.com11h
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 ...
Hoodline2d
Equifax Ordered to Pay $15 Million by CFPB for Failing to Investigate Credit Disputes Adequately
The CFPB has ordered Equifax to pay $15 million for improperly investigating credit report disputes and providing inaccurate ...
JD Supra10h
CFPB calls on states to be more aggressive in enforcing consumer financial protection laws
The CFPB is calling on state governments to increase their focus on consumer financial protection laws.