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CFPB Seeks Public Comment on Collecting Data on Auto Lending Market

Troutman Sanders

For example, publicly available repossession data is based on proprietary estimates and does not provide a level of specificity that allows for deeper analysis. According to the CFPB, the available data allows market participants to identify and measure certain trends but is insufficiently granular to fully explore the cause of those trends.

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Will the Removal of Medical Debt From Credit Reports Change the Way You Do Business?

FFGN COLLECT NY

Proposed changes regarding the removal and reporting of medical debt may lead you to change how you do business if you rely on credit reports when deciding whether to grant credit, In June, the Consumer Financial Protection Bureau (CFPB) proposed some major changes related to the reporting of medical debt and consumer credit reports.

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How to Stop Creditor Harassment

Debt Free Colorado

This applies to unpaid debts such as: Unsecured debts: These are debts not tied to a specific asset, like credit card debt, medical bills, or personal loans. Overdue child support or alimony payments Unpaid taxes Federal laws, like the Consumer Credit Protection Act (CCPA) , limit the amount of your wages that can be garnished.

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Michigan Federal Court Summarily Dismisses FCRA Action Alleging Inaccurate Reporting of Charged-Off Auto Loan

Troutman Sanders

As summarized by the court, § 1681s-2(b) imposes a duty on furnishers to ensure that their reporting of consumer credit information to credit reporting agencies is accurate.

Loans 52
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How To Remove Fairway Collections From Your Credit Report

Better Credit Blog

Credit repair companies are expertly trained and well-equipped to handle a variety of consumer credit issues, including confronting debt collectors. Repossessions. Start out by setting up a consultation with one of our top picks for the best credit repair companies. Charge-offs. Foreclosure. Hard inquiries.

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What is Banana Republic SYNCB on My Credit Report?

Better Credit Blog

Credit repair companies are pros at disputing inaccuracies and getting them deleted from consumerscredit reports. Even more, they can assist you with challenging credit problems like: Bankruptcy. Repossessions. Charge-offs. Collection-stage debt. Foreclosure. Poor payment history.

Lender 52
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What is Banana Republic SYNCB on My Credit Report?

Better Credit Blog

Credit repair companies are pros at disputing inaccuracies and getting them deleted from consumerscredit reports. Even more, they can assist you with challenging credit problems like: Bankruptcy. Repossessions. Charge-offs. Collection-stage debt. Foreclosure. Poor payment history.

Lender 52