In a move that could have significant implications for consumers and the credit reporting industry, the Consumer Financial Protection Bureau (CFPB) has taken legal action against Experian, one of the nation's largest credit reporting agencies. The lawsuit ...

The CFPB sues Experian for "sham investigations," alleging violations of FCRA and CFPA. Demands reforms and penalties.

Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to properly probe consumer disputes.

Without admitting or denying the findings, Equifax has agreed to pay a $15 million civil monetary penalty that will be deposited into the CFPB's victims relief fund. A representative for Equifax didn't immediately respond to a request for comment.

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Experian, one of the nation's largest credit reporting agencies, for failing to

A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial Protection Bureau (CFPB) said it had sued the company for unlawfully failing to investigate consumers’ issues.

The Consumer Financial Protection Bureau sued the credit reporting agency alleging that if failed to investigate or correct errors in credit reports even when it had ample evidence supporting consumer disputes.

The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million for failing to sufficiently investigate consumer disputes of its credit reports.

The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes.

The rule ends the inclusion of medical debt on credit reports and prevents lenders from using certain medical information in loan decisions.

A groundbreaking regulation by the Consumer Financial Protection Bureau (CFPB) is set to transform the credit landscape in the United States. By excluding unpaid medical bills from credit reports, millions of Americans could see their credit scores rise,