The Consumer Financial Protection Bureau sued Experian (OTCQX:EXPGY) (OTCQX:EXPGF) for failing to investigate consumer disputes properly, the agency said on Tuesday. "The CFPB alleges that Experian ...
In a move that could have significant implications for consumers and the credit reporting industry, the Consumer Financial Protection Bureau (CFPB) has taken legal action against Experian ...
A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial ...
For the “failure to conduct proper investigations of consumer disputes,” the Consumer Financial Protection Bureau (CFPB) last ...
“When consumers disputed errors on their credit reports, Experian conducted sham investigations rather than properly reviewing the disputes as required by federal law,” said CFPB Director ...
The Consumer Financial Protection Bureau finished last week with notable actions against a captive finance company and a ...
The $15 million civil penalty follows a lawsuit CFPB filed against another credit bureau, Experian, on Jan. 7, alleging the company conducted "sham" investigations of credit report errors.
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Without admitting or denying the findings, Equifax has agreed to pay a $15 million civil monetary penalty that will be deposited into the CFPB's victims relief fund. A representative for Equifax ...
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit ...