Tag Archives: Consumer Financial Protection Bureau (CFPB)

CFPB Study: Credit Card Information Dominates Consumer Databases

Credit reporting agencies obtain at least half their information on consumers-including mortgage applicants-from credit card companies.  

Posted in Consumer Credit Information, Consumer Financial Protection Bureau (USA), Credit Bureau News, Regulatory News, United States, Users of Information | Tagged | Leave a comment

US Credit Reports Are 99% Accurate – Why Would CFPB Want to Rewrite the Rules?

Investor’s Business Daily lambasted claims made by Richard Cordray, the head of the Consumer Financial Protection Bureau (CFPB), at a Detroit credit reporting hearing.  Cordray claimed that ‘inaccurate’ credit reports and scores may be ‘unfairly blocking’ some people from obtaining … Continue reading

Posted in BIIA News, Consumer Credit Information, Consumer Credit Reporting, PERC, Regulatory News, United States, Users of Information | Tagged , , | Leave a comment