In August 2023, NCLC petitioned the CPFB for rulemaking under the Real Estate Settlement Procedures Act (RESPA). The National Consumer Law...

All, In a blog post in May 2022, the CFPB (John McNamara) wrote that CFPB Research uncovered that only about half...

In November 2021, CDIA wrote a letter to Sens. Jack Reed (D-RI) and James Inhofe (R-OK), the chair and ranking member,...

During the COVID-19 pandemic, the U.K. Financial Conduct Authority (FCA) issued a statement in July 2020 that reversed a temporary suspension of credit reporting in support of reporting consumers in financial accomodations.

During the COVID-19 crisis in India, the credit bureaus rolled out a “restructured” code for Indian consumers for home, auto, and...

Dr. Michael Turner of PERC published an op-ed, Credit Reporting & COVID-19 – It’s Not a Sophie’s Choice, that appeared in...

Dr. Michael Turner published an op-ed, Credit Reporting & COVID-19 – It’s Not a Sophie’s Choice, that appeared in Inside Sources. Turner returned to an ongoing theme about the dangers of suppression of credit reporting.

In urging opposition to credit reporting suppression, some of the largest organizations representing the financial services community sent a letter to U.S. Sens. Mike Crapo (R-ID) and Sherrod Brown (D-OH), the chair and ranking member, respectively, of the Senate Banking Committee.

Deeper in the pandemic, in July 2020, the European Commission largely adopted U.S. policies on how financial institutions and credit bureaus...

CDIA sponsored a webinar with Michael A. Turner, Ph.D., founder, president, and CEO of PERC; and Patrick Walker, M.A., director of research of PERC. PERC is the Policy & Economic Research Council (PERC).

In June 2020, U.S. Rep. Patrick McHenry (R-SC), the ranking member of the House Financial Services Committee, entered into the Congressional Record his...

A paper was released in June 2020 by Chesapeake Risk Advisors, LLC. The paper, Economic Impacts of a Moratorium on Consumer Credit Reporting discusses the risks associated with data suppression.

In June 2020, PERC issued a paper, Addition is Better than Subtraction: The Risks from Data Suppression and Benefits of Adding More Positive...

During the COVID-19 pandemic, global financial authorities have been encouraging full reporting, and not suppression.

On May 22, 2020, U.S. Sen. Tim Scott (R-SC) led a letter signed by several members of the Senate Banking Committee, including Chairman...