Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)
AI Summary
The CFPB is finalizing a rule amending Regulation V under the FCRA, which prohibits creditors and consumer reporting agencies from including medical information in consumer reports. This change aims to protect consumers' privacy by limiting the types of information that can be reported.
Texas Relevance
The article does not explicitly mention Texas, TX, TCUD, or any Texas-specific entities. The rule applies nationwide and is relevant to all credit unions, including those in Texas, but the specific mention of Texas is missing.
Original Content
The CFPB is finalizing a rule amending Regulation V, which implements the Fair Credit Reporting Act (FCRA), concerning medical information.