credit
New CFPB Report Finds Three Major Credit Bureaus Providing Insufficient Complaint Responses
A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. In 2021, Equifax, Experian and TransUnion together reported relief in response to less than 2% of covered complaints, down from nearly 25% of covered […]
Study Highlights How Credit Scoring Impacts Fair Lending, Minority Homeownership Rates
Credit Scoring Impact on Fair Lending, Minorities NAR will use new research to shape policy positions in effort to boost minority homeownership. Media Contact: Wesley Shaw 202-383-1193 Fair Housing
Nearly 25% of all loans, credit cards and mortgages are in financial hardship programs
As of June, 24.6% of all consumer credit products, including credit cards, mortgages, auto loans and personal loans are in some type of financial hardship program, according to TransUnion….(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it. Around The Web