Home Business CFPB Files Lawsuit Against Experian Over Alleged Mishandling of Consumer Disputes

CFPB Files Lawsuit Against Experian Over Alleged Mishandling of Consumer Disputes

by Sonia Park
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CFPB Files Lawsuit Against Experian Over Alleged Mishandling of Consumer Disputes

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Experian, one of the nation’s largest credit reporting agencies, accusing it of failing to properly investigate consumer disputes. The agency claims that Experian has violated the Fair Credit Reporting Act (FCRA) by not taking adequate steps to process, investigate, and notify consumers about inaccuracies in their credit reports.

According to the CFPB, Experian’s alleged negligence has led to the inclusion of incorrect information on consumer credit reports, which can have severe consequences for individuals seeking loans, mortgages, or other forms of credit. The CFPB asserts that Experian. . .

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