Chukwukpee Nzegwu

Chukwukpee Nzegwu

Womble Bond Dickinson

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Amidst Covid-19 Pandemic Credit Reporting Concerns, CFPB Reaffirms That Name-Only Matching Violates FCRA

On November 4, 2021, the Bureau of Consumer Financial Protection (the “Bureau”) issued an advisory opinion reaffirming its stance that a consumer reporting agency (“CRA”) using name-only matching procedures violates 15 U.S.C....more

11/29/2021  /  Advisory Opinions , Consumer Financial Protection Bureau (CFPB) , Coronavirus/COVID-19 , Credit Reporting Agencies , Credit Reports , Enforcement , Fair Credit Reporting Act (FCRA) , Financial Services Industry , Statutory Violations
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