Employers that use tracking technology and artificial intelligence (AI) to monitor workers and make employment decisions may now have one more ...
Earl “Buddy” Carter has proposed eliminating the Internal Revenue Service (IRS) and replacing the current US tax code with a national consumption tax through a bill known as H.R. 25, the Fair Tax Act ...
Since March 2020, borrowers who were behind on their federal student loan payments or were in default have been shielded from credit reporting consequences. The CARES Act, which Congress enacted ...
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 ...
COURT: E.D. Tex. TRACK DOCKET: No. 4:25-cv-00016 (Bloomberg Law subscription) A trade group representing consumer credit reporting companies and a Texas-based credit union association sued to block ...
Under the Fair Credit Reporting Act (FCRA), agencies like Experian are required to ensure their reports' accuracy and conduct due investigations into consumer disputes. The CFPB asserts that ...
The CFPB sued Experian, accusing the credit reporting bureau of violating “The Fair Credit Reporting Act” by not taking the proper steps to process, investigate and notify consumers about ...
“The CFPB’s final rule will close a special carveout that has allowed debt collectors to abuse the credit reporting system to coerce people into paying medical bills they may not even owe.
The new 15-day reporting cycle means that timely payments or defaults will be reflected in the credit score much more rapidly, enabling lenders to make decisions based on current financial behavior.
The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers. As per ...