The FICO score — what we might think of as the general “shorthand” for lending — was created back in 1989. In the decades since,...
The Consumer Financial Protection Bureau (CFPB) is looking to improve “competition, choice and affordability” in credit reporting costs and other mortgage closing costs. In prepared remarks for a speech at a Mortgage...
The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) have taken enforcement actions against consumer reporting company TransUnion, alleging multiple violations of the Fair Credit Reporting Act....
When a credit report says that a child has a mortgage or that someone incurred a debt years before they were born, that’s obviously false...
Netflix customers can now see their on-time Netflix payments reflected on Experian, the Dublin-based multinational consumer credit reporting company, CNBC reported. Starting Monday (July 27)...
Credit reporting agency Equifax is partnering with U.K. rent reporting platform CreditLadder in a move to include rental payment data in Equifax credit assessments, IBS...
The phenomenon of zombie debt is not new to the U.S. economy — nor are consumer complaints about collection agencies that use aggressive tactics in...
Equifax reported a 2 percent year-over-year revenue decline for the first quarter of 2019. It also announced the further costs it will be paying as...
Lawmakers grilled the heads of Equifax, Experian and TransUnion, calling the credit reporting a “broken” system — and new legislation introduced this week has some...