Chester County News and Community Website
HARRISBURG, PA — In a landmark settlement, Equifax, one of the nation’s largest consumer credit reporting agencies, has agreed to pay a significant penalty for an error that resulted in …
Equifax Settles with Pennsylvania Over Reporting Error, Agrees to Largest Penalty in Recent History Read More
The Consumer Financial Protection Bureau (CFPB) has cracked down on Commonwealth Financial Systems, a medical debt collector, for illegal practices in trying to collect unverified medical debts. The Pennsylvania-based company …
CFPB Takes Action Against Medical Debt Collector for Unverified Debts Read More
The Consumer Financial Protection Bureau (CFPB) recently issued a report shedding light on the difficulties American families experience when confronted with medical debt collection. The CFPB received thousands of consumer …
CFPB Highlights Issues with Medical Debt Collection, Pledges Enforcement and Education Read More
The Federal Trade Commission and the Consumer Financial Protection Bureau (CFPB) recently obtained a settlement that will require credit reporting agency Trans Union LLC and a subsidiary to pay a …
Trans Union Fined $15 Million in FTC and CFPB Settlement Over Inaccurate Tenant Screening Reports Read More The Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) recenlty took action against a rental screening subsidiary of the TransUnion conglomerate for violations of the Fair Credit Reporting …
CFPB and FTC Crack Down on TransUnion for Rental Screening Violations – Demanding Justice and Accuracy Read More
The Consumer Financial Protection Bureau (CFPB) recently announced it is beginning a rulemaking process to remove medical bills from Americans’ credit reports. The CFPB outlined proposals under consideration that would …
CFPB Takes Action to Revamp Credit Reports: Ending Medical Bill Woes, Cleaning Up Data, and Boosting Credit Scores Read More
The Federal Trade Commission will require background report providers TruthFinder and Instant Checkmate to pay $5.8 million to settle charges that they deceived consumers about whether consumers had criminal records …
FTC Says TruthFinder, Instant Checkmate Deceived Users About Background Report Accuracy, Violated FCRA While Marketing Reports for Employee and Tenant Screening Read More
The Consumer Financial Protection Bureau (CFPB) announced it recently entered into a proposed settlement with a ring of corporate entities operating some of the largest credit repair brands in the …
Credit Repair Giants Face Multibillion Dollar Settlement in Mega Scheme Read More
The Federal Trade Commission is sending notices to more than 9,000 people that they may be eligible for compensation stemming from the Commission’s settlement with home security company Vivint Smart …
FTC Settlement with Vivint: Claim Your Compensation for Misuse of Credit Reports Read More The Consumer Financial Protection Bureau (CFPB) recently took action against medical debt collector Phoenix Financial Services (Phoenix) for numerous debt collection and credit reporting violations. In at least thousands of …
CFPB Takes Action Against Phoenix Financial for Illegal Debt Collection Practices Read More