These practices led the CFPB to find Equifax in violation of the Fair Credit Reporting Act (FCRA), specifically its requirements for investigating and processing consumer disputes and assuring maximum ...
Equifax must now abide by stricter regulations and align its dispute procedures with the Fair Credit Reporting Act (FCRA). This means ensuring that consumer-submitted evidence is factored into ...
The bureau said that Equifax — which processes 765,000 disputes per month — violated the Fair Credit Reporting Act which mandates that credit reporting agencies investigate disputed information and ...
The Consumer Financial Protection Bureau finished last week with notable actions against a captive finance company and a credit bureau with total penalties against the companies approaching $30 ...
Equifax processes approximately 765,000 disputes each month. The Fair Credit Reporting Act (FCRA) requires consumer reporting agencies to investigate the accuracy of disputed information and take ...
Equifax processes approximately “765,000 disputes each month.” The Fair Credit Reporting Act (FCRA) requires consumer reporting agencies to investigate the “accuracy of disputed information ...