Original Content
The CFPB took action against Equifax, the nationwide consumer reporting agency, for its failure to conduct proper investigations of consumer disputes.
CFPB Orders Equifax to Pay $15 Million for Improper Investigations of Credit Reporting Errors
AI Summary
• The CFPB ordered Equifax to pay $15 million for failing to properly investigate consumer disputes.
• This enforcement action pertains to the handling of credit reporting errors.
Texas Relevance
The article does not mention Texas, TCUD, or any Texas-specific entities. The ruling applies to nationwide consumer reporting agencies but is not specific to Texas credit unions.