CFPB Issues Guidance on Consumer Reporting and the CARES Act

The guidance addresses companies’ responsibilities for credit reporting and furnishing information about consumers impacted by the COVID-19 pandemic.

6/16/2020 3:00 PM

CFPBCOVID-19NewsAdvocacy
CFPB Issues Guidance on Consumer Reporting and the CARES Act

The Consumer Financial Protection Bureau has issued guidance on consumer reporting during the COVID-19 pandemic. The frequently asked questions (FAQs) address companies’ responsibilities under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and the Fair Credit Reporting Act when they furnish information to consumer reporting agencies about consumers impacted by the crisis, according to the CFPB.

Access the FAQs from the CFPB as well as additional resources in the CFPB’s blog post.

ACA International also provided a summary of the CARES Act and additional resources on its federal advocacy website.

For more information on how the ACA Licensing staff can assist with your licensing needs, please contact us at Licensing@acainternational.org  or call (952) 926-6547.


Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse.

Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training page to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.


Subscribe to ACA Daily NEWSROOM

CFPB Issues Guidance on Consumer Reporting and the CARES Act

The Consumer Financial Protection Bureau has issued guidance on consumer reporting during the COVID-19 pandemic. The frequently asked questions (FAQs) address companies’ responsibilities under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and the Fair Credit Reporting Act when they furnish information to consumer reporting agencies about consumers impacted by the crisis, according to the CFPB.

Access the FAQs from the CFPB as well as additional resources in the CFPB’s blog post.

ACA International also provided a summary of the CARES Act and additional resources on its federal advocacy website.

For more information on how the ACA Licensing staff can assist with your licensing needs, please contact us at Licensing@acainternational.org  or call (952) 926-6547.


Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse.

Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training page to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.


Subscribe to ACA Daily NEWSROOM

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