by Eric J. Ellman | Apr 12, 2022
On April 12, 2022, the CFPB issued a press release, CFPB Charges TransUnion and Senior Executive John Danaher with Violating Law Enforcement Order. In that release, the Bureau said that it filed “a lawsuit against TransUnion, two of its subsidiaries, and longtime...
by Eric J. Ellman | Sep 12, 2019
U.S. Senators Tom Carper and Chris Coons (both D-Del.) issued a press release noting that “in response to a letter from U.S. Senators Carper and Coons…in August 2019, three major credit reporting agencies (CRAs) have committed to providing free credit...
by Eric J. Ellman | Jun 19, 2019
The FTC issued its final rule in June 2019, implementing a 2018 law that requires the nationwide consumer reporting agencies to provide free electronic credit monitoring services for active duty military consumers. The FTC also issued a press release covering the...
by Eric J. Ellman | Mar 23, 2017
On March 23, 2022, the CFPB announced that took action against Experian and its subsidiaries for deceiving consumers about the use of credit scores it sold to consumers. Experian claimed the credit scores it marketed and provided to consumers were used by lenders to...
by Eric J. Ellman | Jan 3, 2017
On January 3, 2017, the CFPB announced that it today took action against Equifax, Inc., TransUnion, and their subsidiaries for deceiving consumers about the usefulness and actual cost of credit scores they sold to consumers. The companies also lured consumers into...
