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…
