CFPB's Latest Report Focuses on Actual Payment Information in Credit Reports

The Consumer Financial Protection Bureau's (CFPB or Bureau) recent shift of focus to credit reporting practices has been apparent, especially in light of COVID-19 and the additional protections afforded to consumers through the CARES Act. This is no surprise, seeing as credit reporting has been the top-dog product complained about by consumers in the Bureau's complaints database. The Bureau's most recent report — Payment Amount Furnishing & Consumer Reporting — continues to highlight the Bureau's focus on credit reports, data furnishing practices, and the impact on consumers.

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News and Opinion

from insideARM.com

» CFPB's Latest Report Focuses on Actual Payment Information in Credit Reports

» It's Go Time! CFPB Officially Launches Its Advisory Opinion Program

» Best Practices for ARM Payment Providers in 2021 (sponsored)

» Better Business Bureau of Central Ohio Names Reliant Capital Solutions as 2020 Torch Awards for Ethics Recipient

» Employees from F.H. Cann & Associates Donate $25 Gift Cards to Lazarus House Ministries

» Regulation F—the CFPB's Final Rule on Debt Collection—Is Now Published in the Federal Register

» Thanksgiving

» Ninth Circuit: Contractually Obligating Creditor Clients to Provide Accurate Information is Insufficient on Its Own to Satisfy Bona Fide Error Defense

It's Go Time! CFPB Officially Launches Its Advisory Opinion Program

Six months after it first announced its pilot program, the Consumer Financial Protection Bureau (CFPB or Bureau) officially launched its Advisory Opinion Program by finalizing its advisory opinion policy yesterday. The policy is designed to provide clarity in areas where there might be regulatory uncertainty.

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Women in Consumer & Commercial Finance Conference 2020

8 December 2020 at 12:30 p.m.

Sharpen your leadership skills, expand your professional network and help improve your workplace culture when you attend Women in Consumer & Commercial Finance Digital – a virtual conference and networking experience for ALL women in consumer & commercial finance.

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» 8 Requirements Your Payment Provider Must Have in the ARM Industry

» insideARM Presents: iA's Legal Advisory Board's Analysis of the CFPB New Rules

» Automation for Transforming the Debt Collection Management Landscape

» Succeeding in Collections Today Requires More Agility

» insideARM Presents: CFPB New Rules Q&A

» What the Future Holds for the ARM Industry: A Look Into 2021

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