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The lawsuit, filed on Jan. 7, 2024, alleges Experian has been conducting "sham investigations" of consumer report errors, potentially jeopardizing millions of Americans' access to credit ...
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating" customers out of more than $2 billion in lost ...
The Consumer Financial Protection Bureau (CFPB) has filed a $2 billion lawsuit against Capital One, alleging that the bank deceived millions of consumers with their savings account offerings. The ...
Credit bureaus, a type of consumer reporting agency, hold a consumer's credit report in their databases. CRAs have a number of responsibilities under FCRA, including the following: CRAs must maintain reasonable procedures to ensure the maximum possible accuracy of the information contained within a consumer's report; [9]
The data was sent over fourteen emails and it contained personally identifiable information (PII) of consumers. [5] The employee also sent two spreadsheets with names and transaction-specific account numbers for about 256,000 consumer accounts at a single institution. [5] Neither the firms nor the employee have been publicly identified. [3]
Consumer Reports is a United States-based non-profit organization which conducts product testing and product research to collect information to share with consumers so that they can make more informed purchase decisions in any marketplace.
A credit bureau is a data collection agency that gathers account information from various creditors and provides that information to a consumer reporting agency in the United States, a credit reference agency in the United Kingdom, a credit reporting body in Australia, a credit information company (CIC) in India, a Special Accessing Entity in the Philippines, and also to private lenders. [1]
Consumer Reports states that PriceGrabber places the ads and pays a percentage of referral fees to CR, [25] who has no direct relationship with the retailers. [26] Consumer Reports publishes reviews of its business partner and recommends it in at least one case. [27]