Far too many minority households and businesses continue to lack fair and equitable access to credit
FTC Sends Refunds to Consumers Harmed by Credit Bureau Center’s Fake Rental Property Ads and Deceptive Promises of “Free” Credit Reports
Archive for Equal Credit Opportunity Act – Page 2
I am pleased to announce that the Bureau has published the “Statement Regarding the Provision of Financial Products and Services to Consumers with Limited English Proficiency
El CFPB planea desarrollar directrices para la atención a consumidores LEP o con Limitado Manejo del Inglés y para ello, está recibiendo comentarios públicos formales a través de su Solicitud de Información del año 2020 sobre la Ley de Oportunidad Equitativa al Crédito y Regulación B
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
Consumers who are of limited English proficiency face unique challenges in learning about and accessing financial services
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
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
Spotlight on providing adverse action notices under the Equal Credit Opportunity Act and the Fair Credit Reporting Act when using artificial intelligence, including machine learning models
The Bureau is committed to ensuring fair, equitable, and nondiscriminatory access to credit for both individuals and communities
