ConsumerAffairs13d
Medical debt may be returning to consumer credit reports
Key Points Senate Republicans introduced a resolution to nullify a CFPB rule banning medical debt from credit reports.
CardRates.com5d
The CFPB Seeks to Resolve Legal Dispute Over Proposed $8 Cap on Credit Card Late Fees
According to the CFPB, current regulation “sets forth a safe harbor of $30 generally for penalty fees, except that it sets ...
Fend for Yourself: Under Trump, Consumer Protection Bureau’s Probes of Big Tech and Finance Firms Freeze Up
Companies may avoid consequences for alleged wrongdoing as the Consumer Financial Protection Bureau drops lawsuits against ...
Vought Urged to Withdraw CFPB Proposal Restricting Data Brokers
Industry groups called on the Consumer Financial Protection Bureau to rescind a Biden-era proposal that would subject data ...
US Rep. Haridopolos: Consumer Financial Protection Bureau needs congressional oversight
Beyond funding, Congress should examine the Consumer Financial Protection Bureau's overreach and impact on financial markets ...
National Bureau of Economic Research5d
The Effects of Deleting Medical Debt from Consumer Credit Reports
One in seven Americans carry medical debt, with $88 billion reported on consumer credit reports. In April 2023, the three major credit bureaus stopped reporting medical debts below $500. We study the ...
Judge Grants Injunction to Prevent Consumer Bureau From Being ‘Dissolved and Dismantled’
The bureau has been in turmoil as the Trump administration moved to fire hundreds of employees, ordered the rest to stop ...