CFPB fines Experian $3m for credit score marketing
CFPB has taken action against Experian over allegations that the company made false claims about the uses of credit scores it sold to consumers.
CFPB has taken action against Experian over allegations that the company made false claims about the uses of credit scores it sold to consumers.
The CFPB is “putting the prepaid industry on notice that companies will face the consequences if consumers are denied access to their money or to the services they pay for and on which they have the right to depend.” In its first enforcement action against prepaid providers, the bureau on Feb. 1 announced that UniRush and Mastercard will pay a combined $13 million for a 2015 service disruption that left cardholders without access to their funds.