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FTC Seeks Comment on Proposed Changes to FCRA Rules for Motor Vehicle Dealers

September 4, 2020 By Ross Speier and Nanci Weissgold

A&B ABstract: The FTC is seeking public comment on proposed changes to five FCRA rules aimed at clarifying that these rules, as promulgated by the FTC, apply only to motor vehicle dealers, as equivalent rules promulgated by the CFPB will apply to other entities.   The Federal Trade Commission (“FTC”) has announced it is seeking […]

Filed Under: Auto Loans, Consumer Financial Protection Bureau (CFPB), Consumer Loan, Fair Credit Reporting Act (FCRA), Federal Trade Commission (FTC) Tagged With: #FCRA, Credit Reporting

CFPB Issues New Edition of Supervisory Highlights

December 14, 2019 By Morey Barnes Yost

A&B ABstract:  The Fall 2019 edition of the CFPB’s Supervisory Highlights focuses on credit reporting issues of interest. Discussion The Fall 2019 edition of Supervisory Highlights represents the second time the Consumer Financial Protection Bureau (“CFPB”)  has focused entirely on credit reporting.  With respect to furnishers, the Supervisory Highlights includes five categories of supervisory observations […]

Filed Under: Consumer Financial Protection Bureau (CFPB), Fair Credit Reporting Act (FCRA) Tagged With: #FCRA, #furnishers, #SupervisoryHighlights

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