Newsroom | Consumer Financial Protection Bureau

Press release

Published FEB 27, 2014

CFPB Calls on Top Credit Card Companies to Make Credit Scores Available to Consumers

Bureau Report Finds Accuracy Issues Top Credit Report Complaints; Warns on Avoiding Investigations Today, the Bureau called on the nation's top credit card...

Press release

Published SEP 04, 2013

CFPB Puts Companies on Notice About Duty to Investigate Consumer Credit Report Disputes

The CFPB released a bulletin stressing that, under the law, these companies, called furnishers, are responsible for investigating consumer disputes...

Credit reports and scores

Testimony

Published MAY 06, 2013

Corey Stone at the Senate Commerce Subcommittee of Consumer Protection, Product Safety, and Insurance

Credit reporting plays a critical role in consumers' financial lives. Credit reports on consumers' financial history and behavior can determine their...

By Corey Stone

Testimony

Published DEC 18, 2012

Written Testimony of Corey Stone before the Senate Financial Institutions and Consumer Protection Subcommittee

The industry is critical in our economy. It promotes access to credit that consumers can afford to repay. Without credit reporting, many consumers likely...

By Corey Stone

Credit reports and scores

Press release

Published DEC 13, 2012

CFPB Report Details How the Nation’s Largest Credit Bureaus Manage Consumer Data

Among the key takeaways in the report, which is one of the most comprehensive studies of credit reporting to date, are that credit card history dominates...

Speech

Published DEC 13, 2012

Prepared Remarks by Richard Cordray on a Credit Reporting White Paper Press Call

The report highlights the basic systems the credit reporting companies use to collect, organize, and maintain consumer credit information. It is based on...

By Richard Cordray

Press release

Published DEC 06, 2012

Consumer Financial Protection Bureau and Justice Department pledge to work together to protect consumers from credit discrimination

"Today's agreement is a critical step to better protecting consumers from illegal and discriminatory lending practices. We look forward to continuing our...

Press release

Published NOV 29, 2012

Consumer Financial Protection Bureau issues warning to nationwide specialty consumer reporting agencies

"Today, the CFPB is reminding these companies that they must follow the law and provide consumers with easy access to their free annual report. If we have...

Press release

Published OCT 31, 2012

CFPB Report Highlights Problems in Market Discovered Through Supervisory Actions

"This report underscores our work to address practices that are risky to consumers, as well as our continued commitment to making sure that institutions are...

Press release

Published OCT 22, 2012

CFPB Now Taking Complaints on Credit Reporting

Consumer reporting agencies, which include what are popularly called credit bureaus or credit reporting companies, are private businesses that track a...

Press release

Published OCT 17, 2012

CFPB Proposes Making it Easier for Stay-at-Home Spouses and Partners to Get Credit Cards

Today's proposal would allow a stay-at-home spouse or partner to rely on shared income from his or her spouse or partner when applying for a credit card...

Policy and compliance Press release

Published OCT 01, 2012

Fair Credit Reporting Act (FCRA) examination procedures

Press release

Published SEP 25, 2012

Consumer Financial Protection Bureau Study Finds Credit Scores Used by Consumers and Lenders Can Differ

The study found that about one out of five consumers would likely receive a meaningfully different score than would a lender.

Press release

Published SEP 05, 2012

CFPB Releases Exam Procedures for Consumer Reporting Market

The examination process will be an ongoing process of pre-examination scoping and review of information, data analysis, onsite examinations, and regular...

Press release

Published JUL 19, 2011

CFPB Report Examines Differences Between Credit Scores Consumers and Lenders Receive

"One way consumers have tried to empower themselves is by knowing their credit scores. We are assessing whether purchasing a credit score provides a...