The major credit bureaus — Equifax, Experian and TransUnion — in 2022 voluntarily agreed to exclude medical debts that had been paid, as well as those that were less than a year old.

The CFPB began direct supervision of companies, such as Equifax, TransUnion and Experian, in September 2012. The objective was to make sure information is reliable and accurate.

Wells Fargo: Ordered to return over $2 billion to harmed consumers and pay a $1.7 billion fine for violating laws in several product lines including auto loans and mortgages. The CFPB found Wells ...

The Consumer Financial Protection Bureau (CFPB) announced on Jan. 17, 2025, that Equifax, one of the three major credit bureaus, must pay a $15 million penalty for not conducting thorough… ...

CFPB penalties against American Honda Finance & Equifax approach $30M Image by T. Schneider / Shutterstock.com Monday, Jan. 20, 2025, 11:08 AM SubPrime Auto Finance News Staff ...

The order now reportedly requires Equifax to comply with federal law, and Equifax “must pay a $15 million civil money penalty, which will be deposited into the CFPB’s victims relief fund.” ...

Under the settlement, Equifax agreed to pay $15 million into the CFPB's victim relief fund and fix its dispute resolution processes. Reporting by Rami Ayyub; Editing by Paul Simao Need a break?

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

By Greg Iacurci,CNBC • Published January 17, 2025 • Updated on January 17, 2025 at 6:39 pm Elijah Nouvelage/Bloomberg via Getty Images CFPB fines Equifax $15 million for errors on credit reports ...