Statute
Regulation V
15 published works
Consumer Finance Monitor
CFPB Spring 2025 Regulatory Agenda – Prerule Stage – Identity Theft and Coerced Debt (Regulation V)
The CFPB is considering proposing amendments to Regulation V, which implements the Fair Credit Reporting Act (FCRA), to address concerns related to information furnished to consumer reporting agencies regarding coerced…
Consumer Financial Services Law Monitor
CFPB Withdraws Proposed FCRA Data Broker Rule
By David N. Anthony, Stefanie Jackman, Ethan G. Ostroff, Kim Phan, Ronald I. Raether, Jr.
Today, the Consumer Financial Protection Bureau (CFPB or Bureau) filed its decision to withdraw the proposed rule titled "Protecting Americans from Harmful Data Broker Practices (Regulation V)" in the Federal…
Consumer Finance and Fintech Blog
CFPB Extends Comment Periods for Two Proposed Regulation V Rules
By A.J. Dhaliwal, Mehul Madia, Beineng Zhang
The CFPB is extending the comment periods for two proposed rulemakings under Regulation V, which implements the Fair Credit Reporting Act (FCRA). On March 5, the Bureau extended the comment…
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 Financial Services Law Monitor
Trade Associations File Challenge to CFPB’s Rule on Medical Debt in Consumer Reports
By David N. Anthony, Stefanie Jackman, Ethan G. Ostroff
As discussed here, yesterday the Consumer Financial Protection Bureau (CFPB or Bureau) finalized a rule aimed at removing an estimated $49 billion in medical bills from the consumer reports of…
Consumer Financial Services Law Monitor
CFPB Finalizes Rule to Remove Medical Bills from Consumer Reports
By David N. Anthony, Stefanie Jackman, Ethan G. Ostroff
This article was republished on insideARM on January 9, 2025. On January 7, the Consumer Financial Protection Bureau (CFPB or Bureau) finalized its rule aimed at removing an estimated $49 billion…
LenderLaw Watch
CFPB Files Suit Against Student Loan Servicer
By Jordan Wenik
On May 31, 2024, the CFPB announced that it had filed suit against a Pennsylvania-based student loan servicer for engaging in allegedly unfair, deceptive and abusive acts or practices in violation of the…
Consumer Finance Monitor
CFPB Spring 2024 Supervisory Highlights looks at consumer reporting companies and furnishers
By John L. Culhane, Jr., Brian Turetsky
The CFPB has released the Spring 2024 edition of Supervisory Highlights. The report discusses CFPB examinations in connection with credit reporting and furnishing that were completed from April 1, 2023…
Regulatory Oversight
CFPB Rescinds Guidance Regarding FCRA and Regulation V Compliance Under CARES Act
By Timothy Butler, David N. Anthony, Jed Komisin
On March 31, the Consumer Financial Protection Bureau (CFPB or Bureau) announced it is rescinding its April 1, 2020 policy statement regarding the Fair Credit Reporting Act (FCRA) and Regulation…
Global Policy Watch
CFPB Releases Guidance on FCRA and Regulation V Compliance During COVID-19
On April 1, 2020, the Consumer Financial Protection Bureau (“CFPB”) released a statement on “Supervisory and Enforcement Practices Regarding the Fair Credit Reporting Act and Regulation V in Light of…