Lawmakers, MBA call out FICO for potential price hikes
A coalition of Democratic lawmakers urges action against rising credit report fees and anti-competitive practices by credit bureaus to protect consumers.
California Bans Inclusion of Unpaid Medical Bills in Credit Reports
California's new consumer protection law shields medical debt from credit reports, enhancing job and housing opportunities for patients burdened by medical costs.
Gov. Newsom signs California law banning medical debt from credit reports
California has enacted a law preventing medical debt from impacting consumer credit reports, adding to state-level protections against medical billing stress.
The legislation aims to alleviate the burdens of medical debt on individuals, particularly in terms of employment and housing opportunities.
CFPB slaps TD Bank with $28M fine for consumer protection violations
TD Bank fined $28 million for inaccurate consumer credit reporting that could harm consumers' financial reputations.
ABA has significant concerns' with CFPB proposal to ban medical debt from credit reports
ABA opposes CFPB's proposal to ban medical debt from credit reports, citing concerns over authority, evidence, and potential negative impacts on financial stability.
Medical Debt May Be Removed From Credit Reports
Medical bills may soon be banned from credit reports to prevent coercion and inaccuracy in lending decisions.
Lawmakers, MBA call out FICO for potential price hikes
A coalition of Democratic lawmakers urges action against rising credit report fees and anti-competitive practices by credit bureaus to protect consumers.
California Bans Inclusion of Unpaid Medical Bills in Credit Reports
California's new consumer protection law shields medical debt from credit reports, enhancing job and housing opportunities for patients burdened by medical costs.
Gov. Newsom signs California law banning medical debt from credit reports
California has enacted a law preventing medical debt from impacting consumer credit reports, adding to state-level protections against medical billing stress.
The legislation aims to alleviate the burdens of medical debt on individuals, particularly in terms of employment and housing opportunities.
CFPB slaps TD Bank with $28M fine for consumer protection violations
TD Bank fined $28 million for inaccurate consumer credit reporting that could harm consumers' financial reputations.
ABA has significant concerns' with CFPB proposal to ban medical debt from credit reports
ABA opposes CFPB's proposal to ban medical debt from credit reports, citing concerns over authority, evidence, and potential negative impacts on financial stability.
Medical Debt May Be Removed From Credit Reports
Medical bills may soon be banned from credit reports to prevent coercion and inaccuracy in lending decisions.
Kamala Harris's path to financial equity and homeownership
Kamala Harris proposes a $25,000 credit for first-time homebuyers with a history of timely rent payments, emphasizing support for renters transitioning to homeowners.
U.S. regulator orders TD Bank to pay $28M US over consumer credit reports | CBC News
TD Bank was fined $28 million for providing inaccurate information to credit reporting agencies, impacting customers' credit scores.
Opinion | The CFPB Targets an Antiterror Tool
The Consumer Financial Protection Bureau is considering a proposal to ban credit-reporting companies from selling credit-header data to law enforcement agencies.
The proposal would force law enforcement officers to subpoena this information instead of obtaining instant access.
The CFPB's move could hinder law enforcement agencies' ability to quickly gather necessary information for investigations.