WASHINGTON, March 7 -- Consumer Financial Protection Bureau has issued a proposed rule called: Fair Credit Reporting Act (Regulation V); Identity Theft and Coerced Debt; Extension of Comment Period.
The proposed rule was published in the Federal Register on March 7 by Russell T. Vought, Acting Director, Consumer Financial Protection Bureau.
Summary: On December 13, 2024, the Consumer Financial Protection Bureau (CFPB) published in the Federal Registeran Advance Notice of Proposed Rulemaking (ANPR) seeking information in advance of preparing a proposed rule to address concerns related to information furnished to credit bureaus and other consumer reporting agencies as a result of coercion. The ANPR provided a comment period that was set to ...