PYMNTS-MonitorEdge-May-2024

credit reports

FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
November 21, 2024  |  News

The FTC is refunding $1.9 million to victims of a “free” credit report scam. The refunds stem from a 2017 lawsuit by the Federal Trade...

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CFPB Issues Proposed Rule Banning Medical Bills From Credit Reports
CFPB Issues Proposed Rule Banning Medical Bills From Credit Reports
June 11, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has issued a proposed rule that would ban medical bills from credit reports. The proposed rule would stop credit reporting companies...

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Nuvo Adds Equifax Credit Reports to Trade Credit Management Platform
Nuvo Adds Equifax Credit Reports to Trade Credit Management Platform
April 25, 2024  |  B2B Payments

Nuvo has added business credit reports and business principal credit reports from Equifax to its trade credit management platform for B2B sellers. This addition will...

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CFPB Wants to Wipe Medical Bills From Credit Reports
CFPB Wants to Wipe Medical Bills From Credit Reports
September 21, 2023  |  Healthcare Financing

The Consumer Financial Protection Bureau (CFPB) has begun a rulemaking process aimed at removing medical bills from Americans’ credit reports. This move is intended to provide financial...

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CFPB Reaches $2.7 Billion Settlement With Credit Repair Firms
CFPB Reaches $2.7 Billion Settlement With Credit Repair Firms
August 28, 2023  |  CFPB

America’s biggest credit repair companies could be forced to give up telemarketing. That’s according to the Consumer Financial Protection Bureau (CFPB), which announced Monday (Aug. 28) that it had...

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Amex, Nova Offer Global Transfer Of US Credit Reports
Amex, Nova Offer Global Transfer Of US Credit Reports
October 25, 2019  |  International

American Express has partnered with Nova Credit, a credit reporting startup that operates across borders, to give expatriates and immigrants the ability to share their...

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Sizzle Of The Week: More Inclusive And Expansive Credit Scoring
Sizzle Of The Week: More Inclusive And Expansive Credit Scoring
December 21, 2018  |  Sizzle/Fizzle

Consumers with thin credit files got something of an early Christmas present this week, care of Experian. The credit rating agency announced the launch of Experian Boost,...

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Credit Reporting Firms To Omit Tax Liens From Consumer Reports
Credit Reporting Firms To Omit Tax Liens From Consumer Reports
March 23, 2018  |  Loans

In a move that could make more than 5 million consumers very happy (and potential lenders very nervous), TransUnion, Equifax and Experian have announced they...

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Bill Would Give FTC Authority To Police, Fine Credit Bureaus
Bill Would Give FTC Authority To Police, Fine Credit Bureaus
January 11, 2018  |  Regulation

Democratic Senators Elizabeth Warren and Mark Warner are introducing new legislation that would allow the U.S. government to levy fines on companies that are the...

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