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Archive for the ‘cash loans payday’ category

Several furnishers violated the FCRA requirement to conduct an investigation that is reasonable of and indirect disputes. CFPB examiners unearthed that both for direct and indirect disputes, the furnishers did not review account that is underlying and documentation, account history notes, or dispute-related communication supplied by the buyer. The CFPB notes that insufficient staffing and high day-to-day dispute quality requirements contributed into the furnishers’ problems. Read more »