Archive for Access to credit – Page 3

The Bureau plans to develop guidance on serving consumers with limited English proficiency (LEP) and welcomes formal public comments through the Bureau’s 2020 Request for Information on the Equal Credit Opportunity Act and Regulation B

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This report explores the prevalence of actual payment information in consumer credit reporting

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Consumers who are of limited English proficiency face unique challenges in learning about and accessing financial services

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The Bureau reminds creditors of the availability of the Special Purpose Credit Program (SPCP) provisions of Equal Credit Opportunity Act (ECOA) and Regulation B to help meet the credit needs of underserved communities

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The CFPB is taking steps to help create real and sustainable changes in our financial system so that African Americans and other minorities have equal opportunities to build wealth and close the economic divide

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The Bureau is committed to ensuring fair, equitable, and nondiscriminatory access to credit for both individuals and communities

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The Bureau has responsibility for addressing lending discrimination, including lending to women- and minority-owned businesses, which apply for credit during the COVID 19 pandemic under the CARES Act

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This report on the Bureau’s September 17th, 2018 Building a Bridge to Credit Visibility
Symposium summarizes the panel discussions that took place during the event,
and highlights the key themes that stood out from those conversations

See the full post at consumerfinance.gov

This report describes our fair lending activities in
supervision, enforcement, guidance and rulemaking, interagency coordination,
and outreach for calendar year 2018

See the full post at consumerfinance.gov