Credit Reporting news and trends

Affirm to Expand Credit Reporting to Include All Payment Plans
BNPL // March 19, 2025

Affirm said Wednesday (March 19) that it plans to begin furnishing information about all of its payment plans to Experian on April 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

CFPB Warns Consumers of Rising Number of Credit Reporting Firms
CFPB // January 30, 2025

The CFPB has published its annual list of companies that collect and sell consumer data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

American Honda Finance to Settle CFPB Allegations of ‘Sloppy’ Credit Reporting
Regulation // January 17, 2025

American Honda Finance Corporation (AHFC) reached an agreement with the Consumer Financial Protection Bureau (CFPB) to settle the regulator’s allegations that the company reported inaccurate information that was then added to consumers’ credit reports. Get the Full Story Complete the form to unlock this article and...

Equifax to Settle CFPB Allegations of Inaccurate Credit Reports
Regulation // January 17, 2025

Equifax has agreed to a settlement and consent order that will resolve Consumer Financial Protection Bureau (CFPB) allegations that the consumer reporting agency failed to take steps to ensure the accuracy of its credit reports. Get the Full Story Complete the form to unlock this...

Interviews & Exclusives
On Capitol Hill, Credit Bureau CEOs Say Reporting Changes Are In the Air

February 27, 2019
Lawmakers grilled the heads of Equifax, Experian and TransUnion, calling the credit reporting a “broken” system — and new legislation introduced this week has some far-reaching changes. In the meantime, the CEOs said, proactive measures to address shortcomings — not just breaches — are in the works. One strategy: Expand credit access by expanding data collected and used beyond traditional scoring methods.

Quick Reads
Affirm to Expand Credit Reporting to Include All Payment Plans

March 19, 2025
Affirm said Wednesday (March 19) that it plans to begin furnishing information about all of its payment plans to Experian on April 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. […]

CFPB Warns Consumers of Rising Number of Credit Reporting Firms

January 30, 2025
The CFPB has published its annual list of companies that collect and sell consumer data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

American Honda Finance to Settle CFPB Allegations of ‘Sloppy’ Credit Reporting

January 17, 2025
American Honda Finance Corporation (AHFC) reached an agreement with the Consumer Financial Protection Bureau (CFPB) to settle the regulator’s allegations that the company reported inaccurate information that was then added to...

Equifax to Settle CFPB Allegations of Inaccurate Credit Reports

January 17, 2025
Equifax has agreed to a settlement and consent order that will resolve Consumer Financial Protection Bureau (CFPB) allegations that the consumer reporting agency failed to take steps to ensure the...