Skip to content

Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.

Click Now!


Two CRAs to refund $17.6M and pay $5.5M CMP

The CFPB has issued a press release announcing that TransUnion and Equifax and their subsidiaries have agreed to change practices that the Bureau found misled consumers about the value of the credit scores they marketed and sold. In their advertising, the two credit reporting agencies misrepresented that the credit scores they provided to consumers were the same scores that lenders typically use to make credit decisions. The companies have also agreed to return more than $17.6 million to consumers and pay penalties totaling $5.5 million. See "Bureau fines 'bureaus' for deceptive marketing" in our Penalties pages, for further details.

Filed under: 

Training View All

Penalties View All

Search Top Stories