Feds aim to enact rule similar to Minnesota banning medical debt from credit reports
LAKEVILLE, Minn. — A federal policy finalized last week by the Consumer Financial Protection Bureau (CFPB) will ban medical ...
Industry groups sue to stop Biden from banning medical debt on credit reports
Biden's rule to ban medical debt from credit reports is facing lawsuits from industry groups and criticism from GOP lawmakers ...
CFPB Proposes Rule to Stop Data Brokers from Selling Sensitive Personal Data
The CFPB’s proposed rule restricts the sale of Social Security numbers, income data, and other personal identifiers.
JD Supra1d
CFPB Finalizes Rule Removing Medical Bills from Credit Reports
On January 7, 2025, the CFPB announced the finalization of a rule amending Regulation V, which implements the Fair Credit Reporting Act (FCRA), 15 U.S.C. § 1681 et seq., to prohibit the inclusion of ...
Hoodline2d
CFPB Sues Experian Accusing Credit Reporting Agency of 'Sham Investigations' in Consumer Dispute Process
The CFPB has sued Experian, claiming the company failed to properly investigate consumer credit report disputes.
Credit groups sue Biden administration over banning medical debt from credit scores
There is an estimated $49 billion in unpaid medical bills from the credit reports of roughly 15 million Americans.
JD Supra6d
Federal Court Allows FCRA Claim to Proceed Over Alleged Unauthorized Credit Pulls
Recently, the Eastern District of Kentucky denied a motion to dismiss under the Fair Credit Reporting Act (FCRA) after finding the plaintiffs ...
Industry groups sue over Biden ban on medical debt from credit reports
Two groups representing the credit reporting and credit union industries have filed a lawsuit challenging a new rule adopted ...