The Consumer Financial Protection Bureau fined Equifax $15 million over credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes. Credit reports ...
The companies collecting detailed information about you and selling it to corporations to determine your ability to obtain a ...
When you apply for a credit card or loan, the bank will likely pull a credit report. Those credit reports are pulled from consumer reporting agencies. The most familiar consumer reporting agencies are ...
If you’ve gone through all of the trouble to have a fraudulent hard inquiry removed, the last thing you need is for that to ...
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, ...
A “faulty” transfer of student loan accounts from Nelnet to Mohela in 2023 led to “millions of consumer credit reporting errors,” lawmakers say in a new letter to government agencies reviewed by CNBC.
With buy now/pay later carving out its place as a lasting consumer credit product, nonbank lenders have been looking for ways to improve credit decisions. Processing Content Affirm has taken the first ...
Consumer credit rose to $5 trillion in January — ‘small cracks are starting to emerge,' analyst says
Total outstanding consumer debt stood at $5 trillion as of January, according to the Federal Reserve's G.19 consumer credit report released on Friday. That is up slightly from a month earlier but down ...
The change in loan servicers caused nearly 2 million duplicate student loan records to appear on borrowers' credit reports, while hundreds of thousands of borrowers' credit scores were reported ...
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