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 ...

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 ...

Credit bureaus are required by the FCRA to provide notice of a consumer dispute to the credit furnisher that reported the disputed information. The CFPB said that Equifax "engaged in unfair conduct by ...

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 ...