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In: Consumer Financial Protection Bureau (CFPB)

01 Dec 2019Accuracy in Consumer Reporting Workshop


The FTC and CFPB held a joint Accuracy in Consumer Reporting Workshop in December 2019.

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01 Dec 2019Supervisory Highlights Consumer Reporting Special Edition, Issue No. 20 (Fall 2019)


In December 2019, the CFPB issued Supervisory Highlights Consumer Reporting Special Edition, Issue No. 20 (Fall 2019). The report addresses several issues. Under Supervisory Observations at Furnishers, the report addresses Reasonable, written policies and procedures; Prohibition of reporting information with actual knowledge of errors; Duty to correct and update information; Duty to provide notice of delinquency of accounts; and Obligations upon notice of dispute.

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01 Nov 2019Joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms


In November 2019, the five federal financial regulatory agencies issued a joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms.

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01 Sep 2018Interim Final Rule on the Interim Final Rule on the Summaries of Rights under the Fair Credit Reporting Act (Regulation V)


In September 2018, the BCFP issued an Interim Final Rule on the Interim Final Rule on the Summaries of Rights under…

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17 Apr 2018Consumer Financial Protection Bureau Call for Evidence


In 2018, the BCFP issued 12 RFIs in connection with its Call for Evidence. Of the 12 RFIs, CDIA has commented on five.

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01 Dec 2016Comment in Response to Consumer Response Customer Response Survey


In December 2016, CDIA filed a comment to the CFPB in response to the Bureau’s notice and request for comment that was issued for a new information collection titled, ‘‘Consumer Response Customer Response Survey”.

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29 Sep 2016Comments in Response to Agency Information Collection Comment Request


The CFPB sought input on its “Consumer Response Company Response Survey” and made a blog posting about the request. CDIA commented on the Consumer Complaint Database Portal.

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22 Aug 2016Comment on mandatory arbitration clauses


The CFPB proposed regulations restricting mandatory arbitration clauses with class action waivers. CDIA commented.

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31 Aug 2015Comment requesting the normalization of consumer complaint data


In August 2015, CDIA filed a comment with the CFPB requesting the normalization of consumer complaint data and other matters relating to the consumer complaint portal.

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05 Aug 2015Letter requesting postponement of CFPB monthly complaint report


In August 2015, CDIA sent a letter to the CFPB asking it to postpone production of the CFPB monthly complaint report.

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