by Eric J. Ellman | Jan 18, 2021
In 2021, Oliver Wyman issued a fact sheet following an analysis of consumer submissions against the nationwide credit bureaus (Equifax, Experian, and TransUnion) through the Consumer Financial Protection Bureau (CFPB) online complaint portal. The analysis sheds a...
by Eric J. Ellman | Jan 5, 2021
On January 5, 2020, the CFPB’s Task Force on Federal Consumer Financial Law issued its report “with recommendations on how to improve consumer protection in the financial marketplace.” The Bureau covered the two-volume report with a press release....
by Eric J. Ellman | Dec 25, 2020
In March 2020, CDIA filed an amicus brief before the 9th Circuit in support of Equifax in its appeal of Sustrik v. Equifax. In its opinion, the 9th Circuit affirmed the district court’s dismissal of the Plaintiffs’ claims against Equifax based on an alleged failure to...
by Eric J. Ellman | Jun 26, 2020
In June 2020, U.S. Rep. Patrick McHenry (R-SC), the ranking member of the House Financial Services Committee, entered into the Congressional Record his opposition to H.R. 5332, a bill by U.S Rep. Josh Gottheimer (D-NJ) that would, among other things, suppress the...
by Eric J. Ellman | Jan 29, 2020
With the support of U.S. Rep. Maxine Waters (D-CA), chair of the House Financial Services Committee, U.S. Rep. Ayanna Pressley (D-MA) introduced H.R. 3621, the Comprehensive CREDIT Act of 2020. CDIA strongly objects to this legislation and as part of the effort to...
