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The contributors to the Consumer Law & Policy blog are lawyers and law professors who practice, teach, or write about consumer law and policy. The blog is hosted by Public Citizen Litigation Group, but the views expressed here are solely those of the individual contributors (and don't necessarily reflect the views of institutions with which they are affiliated). To view the blog's policies, please click here.

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Wednesday, November 13, 2013

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JC

Oh, come on. "The argument that the Bureau should verify complaints before disclosing them applies with equal force to credit reporting agencies. Credit bureaus do not typically verify the information in their databases before making them available to lenders." Entities that report to credit bureaus are obligated by law to report accurate information, and there is legal recourse for reporting inaccurate info. Consumers who complain to the CFPB are under no such obligation.

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