New Developments in the CFPB's FCRA Rulemaking Process – What's Next? - Crossover Episode With The Consumer Finance Podcast
Update: 2023-12-07
Description
Please join us for a special cross-over episode of FCRA Focus and The Consumer Finance Podcast, where Troutman Pepper Partners Chris Willis, Dave Gettings, Kim Phan, and Ron Raether look at the latest developments in the CFPB's FCRA rulemaking process. Topics include:
- The anticipated timeline for public comment;
- The removal of medical debt from credit reports;
- The results of the Small Business Review Panels held in October, and potential reinstatement in the future;
- The CFPB’s “interpretation” of various definitions in the FCRA, such as the meaning of a consumer reporting agency and a consumer report;
- New obligations imposed on furnishers and end-users regarding permissible purpose;
- The impact of these new rules on other industries;
- Anticipation for an uptick in FCRA litigation once the rules are finalized; and
- Next steps for businesses that will be impacted by the new rules.
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