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CFPB, Experian
CFPB sues Experian over "sham investigations" into consumer complaints
Experian does not properly investigate consumer complaints of errors in credit reports, threatening their access to credit, employment and housing, the Consumer Financial Protection Bureau said Tuesday.
Experian Conducted ‘Sham Investigations’ Into Errors in Its Credit Reports, CFPB Alleges
The Consumer Financial Protection Bureau sued the credit reporting agency alleging that if failed to investigate or correct errors in credit reports even when it had ample evidence supporting consumer disputes.
CFPB sues Experian over consumer credit accuracy
Experian maintains crucial files on most American families but allegedly mishandles their complaints—damaging household finances in the process.
CFPB Sues Experian Over Consumer Dispute Probes -- Update
According to the CFPB, Experian uses faulty intake procedures that fail to properly address consumer disputes. It also sends notices to consumers that fail to inform them of investigation results, instead providing them with ambiguous or inconsistent information, the agency said.
CFPB sues Experian for mishandling credit report errors
The Consumer Financial Protection Bureau has long had concerns about the accuracy of information that plays a key role in loan access, pricing and performance.
Experian credit bureau sued for allegedly failing to properly probe consumer complaints
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to properly probe consumer disputes.
Berkshire Hathaway, CFPB
Berkshire-owned lender sued by CFPB over ‘unaffordable’ home loans
Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, according to the complaint.
CFPB sues Berkshire Hathaway-owned mortgage lender for alleged predatory practices
The CFPB says that Vanderbilt Mortgage & Finance, owned by Berkshire Hathaway, ignored evidence that borrowers couldn't afford loans to buy manufactured homes.
US regulator sues Berkshire-owned lender for making risky home loans, missing red flags
The U.S. Consumer Financial Protection Bureau sued a lender owned by Warren Buffett's Berkshire Hathaway on Monday, accusing it of pushing borrowers into unaffordable mortgages to buy homes from Clayton Homes,
7h
on MSN
CFPB issues rules to remove medical debt from consumer credit reports
Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal ...
aha.org
6h
CFPB finalizes rule banning inclusion of medical debt on credit reports
The Consumer Financial Protection Bureau Jan. 7 released a final rule banning medical bills on credit reports and prohibiting ...
American Banker
1d
Recent CFPB rules face repeal with no return under Trump
The Consumer Financial Protection Bureau's last-minute actions are expected to annoy the incoming Trump administration, which ...
JD Supra
4h
CFPB’s “Overdraft Lending” Rule Faces Immediate Legal Challenge
What Happened? On December 12, 2024, the Consumer Financial Protection Bureau (CFPB) issued its final “overdraft lending” rule aimed at ...
10h
Medical Debt Struck From Credit Reports in Final CFPB Rule (1)
Most medical debt will be scrapped from consumer credit reports under a final US rule implementing a Biden administration ...
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Consumer Financial Protection Bureau
Berkshire Hathaway
Experian
medical debt
United States
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