The move, which comes less than two weeks before President-elect Donald Trump is set to take office, represents a challenge ...
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The laws behind credit repairFederal and state laws protect consumers from unfair practices by credit repair companies. State laws often enhance federal ...
The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing ...
The new law prohibits consumer credit reporting agencies from including any information about medical debt in consumer credit reports. Key provisions of the bill include: Bans reporting ...
So far the credit report is updated in a monthly cycle. According to RBI, the new regulation will prove to be more accurate in reflecting the financial record of the borrower. In monthly basis ...
The Reserve Bank of India (RBI) has recently implemented a new regulation regarding credit reporting practices. Starting from January 1, 2025, lenders are required to update credit bureau records ...
Millions of borrowers with defaulted federal student loans may soon be facing significant credit reporting and collections consequences, as an extension on paused actions against defaulted ...
The Consumer Financial Protection Bureau (CFPB) has ordered American Honda Finance Corporation to pay $12.8 million for ...
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