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Consumer Financial Protection Bureau (CFPB) › Regulation V › Consumer Protection Laws

Orrick, Herrington & Sutcliffe LLP

CFPB dismisses case against lease-to-own finance company

Orrick, Herrington & Sutcliffe LLP on

On May 27, the CFPB submitted its motion to dismiss a lawsuit with prejudice filed against a lease-to-own finance company and several other entities. As previously covered by InfoBytes, the CFPB sued the lease-to-own finance...more

Sheppard Mullin Richter & Hampton LLP

CFPB Extends Comment Periods for Two Proposed Regulation V Rules

Sheppard Mullin Richter & Hampton LLP on

The CFPB is extending the comment periods for two proposed rulemakings under Regulation V, which implements the Fair Credit Reporting Act (FCRA). On March 5, the Bureau extended the comment period for its proposed rule on...more

Goodwin

2024 Year in Review: Credit Reporting

Goodwin on

In 2024, Goodwin tracked four public enforcement actions related to credit reporting or credit repair services, consistent with the four actions tracked in 2023. Between 2017 and 2024, there were an average of four actions...more

Sheppard Mullin Richter & Hampton LLP

CFPB Finalizes Rule Removing Medical Bills from Credit Reports

Sheppard Mullin Richter & Hampton LLP on

On January 7, 2025, the CFPB announced the finalization of a rule amending Regulation V, which implements the Fair Credit Reporting Act (FCRA), 15 U.S.C. § 1681 et seq., to prohibit the inclusion of medical bills on credit...more

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