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JD Supra: Former CFPB Director Kraninger calls out the CFPB for manipulating data to serve a...
JD Supra· 2 days agoKraninger served as Director of the CFPB from December 2018 to January 2021. In the editorial, Kraninger cited to the data the
CFPB Proposes Rule to Transform Credit Reporting Practices on Medical Debt | JD Supra
JD Supra· 1 day agoOn June 11, the CFPB announced a proposed rule amending Regulation V, which implements the Fair Credit Reporting Act, to alter the treatment of medical ...
CFPB Forms Repeat Offender Unit | JD Supra
JD Supra· 5 days agoAs we recently reported, the CFPB issued its final rule, titled the Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders Final ...
The CFPB’s next funding fight
Politico· 7 days agoBut Republicans aren’t giving up the fight against an agency they have...
Yet another BNPL outfit bites the dust: Laybuy collapses
Electronic Payments via Yahoo Finance· 10 hours agoSpecifically, the CFPB ruled that BNPL users merit the kind of consumer protection enjoyed by credit...
...Need to Know About the U.S. Supreme Court Ruling That the CFPB’s Funding Mechanism is...
JD Supra· 5 days agoOn May 16, 2024, the U.S. Supreme Court ruled that the CFPB’s funding mechanism does not violate the Appropriations Clause of the U.S. Constitution. In ...
CFPB warns financial institutions: Be careful of using unlawful 'fine print' - CUInsight
CUInsight.com· 7 days agoCredit unions and other financial institutions had better be careful about what they place in the...
Medical Debt May Be Removed From Credit Reports
Time Magazine· 6 days agoMedical bills may soon be banned from credit reports under a new rule proposed Tuesday by the Consumer Financial Protection Bureau (CFPB). While lenders...
CFPB Proposes Rule Removing Medical Bills From Credit Reports | JD Supra
JD Supra· 1 day agoThe CFPB kicked off the rulemaking in September 2023, and the proposal comes on the heels of several state laws prohibiting inclusion of medical debt information ...
Opinion: The credit reporting system shouldn’t punish Americans for getting sick
CNN via Yahoo Finance· 19 hours agoThe research is clear: Medical debt is a poor signal of whether someone will pay a debt. After the ...
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