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Yet another company employs anonymized credit card complaint data from the Consumer Financial Protection Bureau to help consumers monitor their credit and debit cards for suspicious charges.
WHITEHOUSE: Consumer.Data.Gov is Live!
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They want the Consumer Financial Protection Bureau to change the Credit CARD Act.
FORBES: How Stay-at-Home Moms Can Thumb Their Noses at the CARD Act
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Inquiries or complaints on credit or mortgage products should be directed to the Consumer Financial Protection Bureau.
FORBES: Holiday Gatherings Can Put A Fork In Elder Fraud
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In a recent study, the Consumer Financial Protection Bureau looked at scores based on 200, 000 credit reports to evaluate the differences between FICO and Vantage scores, as well as scores typically provided to consumers and those sold to lenders.
WSJ: Getting Going: Why Aren't Credit Scores Free?
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But a recent study by the Consumer Financial Protection Bureau found that only less than 20 percent of consumers check their credit report each year.
FORBES: FTC Says 26% Of Credit Reports Have Errors
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During a week where markets fluctuated as much as 5%, when a major credit rating bureau downgraded the value of U.S. debt, when consumer confidence fell to its lowest level in 31 years, it was reported that, for at least one fleeting moment, Apple was the most valuable company in America.
FORBES: Apple Is Not THAT Valuable
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There isn't a formal appeals process, but if the first dispute is rejected, consumers can "absolutely" protest again to the credit bureau or lender and send more information, says Kareem Rogers, Equifax's global consumer and business services leader.
WSJ: Getting Going: How to Fix a Credit-Report Error
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The new consumer bureau is based on a pretty simple idea: people ought to be able to read their credit card and mortgage contracts and know the deal.
FORBES: Elizabeth Warren To Oversee New Consumer Protection Agency
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Entrants to the consumer-finance business are soon expected to gain access to valuable data when Terranet, a new industry-run credit bureau, is set up next month (assuming blocking efforts by Takefuji, the industry leader, which claims that it might be illegal to disclose some data, fail).
ECONOMIST: Japanese consumer finance