Legislation
Congress Looks at Removing Paid or Settled Medical Debt from Credit Reports
Posted on Jun 28 2012 by Zack Smith
Last year, Rep. Heath Shuler (D-NC) introduced the Medical Debt Resolution Act (H.R. 2086), which would amend the Fair Credit Reporting Act to require the Consumer Reporting Agencies (CRAs) to remove paid or settled medical debt from a consumers’ credit file.
FDIC Announces Revisions to Proposed Large Bank Pricing Rule
Posted on Jun 12 2012 by Zack Smith
Earlier this spring, the Federal Deposit Insurance Corporation (FDIC) announced a proposed amendment to the Assessments, Dividends, Assessment Base and Large Bank Pricing (LBP) rule that it put forward in February 2011.
Data Breach Legislation passed in Vermont and Connecticut
Posted on Jun 01 2012 by Zack Smith
Although 46 states, the District of Columbia and Puerto Rico have passed laws requiring consumer notification in the event of a security breach of personal information, recent large-scale and publicized breaches continue to make data security a top legislative agenda item in statehouses across the country. Of the 15 data breach proposals introduced by State legislators this year, two have been signed into law.
CFPB Privilege Issue Debated by Policymakers
Posted on May 16 2012 by Zack Smith
Recently there has been one area of Consumer Financial Protection Bureau (CFPB) reform that has gained support from Republicans and Democrats in Congress, as well as the CFPB Director himself: ensuring the confidentiality of privileged information that financial institutions provide to the bureau.
FTC Privacy Report Proposes Framework for Industry to Follow
Posted on May 10 2012 by Zack Smith
On March 26th, the Federal Trade Commission (FTC) released its highly anticipated final reports on consumer privacy, entitled “Protecting Consumer Privacy in an Era of Rapid Change.”
In their final report, the Commission applauded industry’s efforts towards strengthening industry self-regulations—including the Digital Advertising Alliance’s Self Regulatory Program for Online Behavioral Advertising—but called on industry to do more to protect consumer privacy.
Congress Focuses on Protecting Use of Death Master File Records
Posted on Apr 15 2012 by Zack Smith
The Death Master File (DMF) is a database operated by the Social Security Administration (SSA) that contains over 87 million records with information on persons who had Social Security numbers and whose deaths were reported to the SSA from 1962 to the present. The DMF is considered a public document under the Freedom of Information Act, and monthly and weekly updates of the file are made available through the Department of Commerce.
The Changing Privacy Landscape: What’s At Stake?
Posted on Apr 04 2012 by Jeremy Hancock
Consumer information is at the center of our economy. It connects us to the right products and services, helps companies innovate and expand, and allows consumers to make smarter choices throughout their lives. While the use of consumer information is becoming more important to businesses and consumers, there is a growing concern among policy makers that the laws governing consumer privacy are not keeping up.
Experian Blog
Most Popular Articles Today
Topics
Follow Us
