Having an erroneous collection account on your credit report isn't a life sentence, though. There are laws in place to ...

Debt collectors cannot discuss your debt with anyone other than you, your spouse (in some cases) or your attorney. They cannot leave messages with co-workers, relatives or friends disclosing that you ...

The Fair Credit Reporting Act (FCRA) is a cornerstone of consumer protection in the United States, ensuring the accuracy and privacy of credit information.

The Consumer Financial Protection Bureau found roughly 43 million Americans had medical bills on their credit reports, ...

Equifax was heavily fined by the Consumer Financial Protection Bureau for not adequately investigating consumer credit report ...

Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who want to mitigate the financial repercussions of those bills. So if pending ...

In today's episode, we discuss the CFPB’s recent proposed data broker rule—a proposal that would greatly expand the reach of the Fair Credit ...

On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits consumer reporting ...

Matt is currently Head of the Coverage Team at The Motley Fool. He has been a full-time Motley Fool employee since 2012 and is a former advisor and analyst for multiple Motley Fool services.

but groups in opposition to that medical debt ban from credit reports stated in court filings that the rule violates the Fair Credit Reporting Act, and that the bureau lacks the authority to issue ...

These groups, which represent credit bureaus and debt collectors ... The plaintiffs argue that the rule infringes upon the Fair Credit Reporting Act and are seeking to prevent its implementation.