Statute
FCRA
495 published works
Consumer Finance and Fintech Blog
CFPB Finalizes Rule Removing Medical Bills from Credit Reports
By A.J. Dhaliwal, Mehul Madia, Maxwell Earp-Thomas
On January 7, 2025, the CFPB announced the finalization of a rule amending Regulation V, which implements the Fair Credit Reporting Act (FCRA), 15 U.S.C. § 1681 et seq., to…
Consumer Finance and Fintech Blog
CFPB Alleges Credit Reporting Agency Conducted Sham Investigations of Errors
By A.J. Dhaliwal, Mehul Madia, Maxwell Earp-Thomas
On January 7, 2025, the CFPB filed a lawsuit against a nationwide consumer reporting agency for violations of the Fair Credit Reporting Act. The lawsuit claims the company's investigation of…
The Data Advisor
CFPB Issues Proposed Rule to Cover Data Brokers Under the Fair Credit Reporting Act
By Christopher Olsen, Maneesha Mithal, Libby Weingarten, Jess Cheng, Taylor Stenberg Erb
On December 3, 2024, the Consumer Financial Protection Bureau (CFPB) announced its highly anticipated and controversial proposed rule that primarily aims to bring data brokers within the scope of the Fair Credit…
Consumer Financial Services Law Monitor
October 2024 Consumer Litigation Filings: Everything Up
According to a recent report by WebRecon, court filings under the Fair Credit Reporting Act (FCRA), Telephone Consumer Protection Act (TCPA), and Fair Debt Collection Practices Act (FDCPA), and complaints…
Consumer Financial Services Law Monitor
September 2024 Consumer Litigation Filings: Mostly Down for Month But Still Up YTD
According to a recent report by WebRecon, court filings under the Fair Credit Reporting Act (FCRA), Telephone Consumer Protection Act (TCPA), and Fair Debt Collection Practices Act (FDCPA) were down…
Consumer Finance Monitor
CFPB proposes broad new data broker rule that would greatly expand the FCRA
By Gregory P. Szewczyk, Mudasar Khan
On December 3, 2024, the Consumer Financial Protection Bureau (CFPB) published its long-anticipated proposed rule aimed at regulating data brokers under the Fair Credit Reporting Act (FCRA). Although the CFPB’s future is uncertain under…
Consumer Finance and Fintech Blog
CFPB Takes Aim at Data Brokers in Proposed Rule Amending FCRA
By A.J. Dhaliwal, Mehul Madia, Maxwell Earp-Thomas
On December 3, the CFPB announced a proposed rule to enhance oversight of data brokers that handle consumers’ sensitive personal and financial information. The proposed rule would amend Regulation V,…
Consumer Protection Insights
CFPB Urges States to Fill Gaps in Federal Financial Privacy Statutes
By Timothy A. Butler, Matthew White, Tessa Cierny, Greenberg Traurig, LLP
On Nov. 12, 2024, the Consumer Financial Protection Bureau (CFPB) released a report examining federal and state privacy protections for consumers’ financial data. In the report, the CFPB “critiques” the privacy protections…
Taft Class Action & Consumer Insights
Whatcha Watching? The CFPB’s Recent Guidance on Employer Monitoring
With the rise in remote work, not to mention better technology, many employers have begun using apps and other services to monitor employees’ activities to track, assess, and evaluate workers.…
Ogletree Deakins Insights
CFPB Issues Guidance With Aggressive Interpretation of FCRA Applicability to Employee Monitoring and Screening Tools
By By: Benjamin W. Perry, Gustavo A. Surez, Publisher, Lauren N. Watson
Quick Hits The CFPB’s recently issued guidance on the Fair Credit Reporting Act affects virtually every employer using third-party vendors for employee screening, monitoring, or assessment. The guidance serves as…