TransUnion Fined $23M for Rent Screening Failures

  • 📰 NEWSMAX
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 71%

Loans Loans Headlines News

The Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) fined credit reporting agency TransUnion a total of $23 million over inaccurate rental background checks, the agencies said Thursday.

TransUnion will pay $15 million and make "significant improvements to how it reports evictions," the CFPB said. Separately, the CFPB is ordering TransUnion to pay $8 million "for lying to consumers" about locks it put on the credit reports of tens of thousands of consumers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CFPB, FTC fine TransUnion $23M for tenant screening and security freeze failuresFederal regulators fined credit-reporting agency TransUnion a total of $23 million for tenant screening and security freeze failures on Thursday.
Source: AP - 🏆 728. / 51 Read more »

US regulators fine credit firm TransUnion $23 million over rent screening failuresThe Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) fined credit reporting agency TransUnion a total of $23 million over inaccurate rental background checks, the agencies said on Thursday.
Source: Reuters - 🏆 2. / 97 Read more »

US regulators fine credit firm TransUnion $23 million over rent screening failuresUS regulators fine credit firm TransUnion $23 million over rent screening failures
Source: Investingcom - 🏆 450. / 53 Read more »