Experian, a nationwide consumer reporting agency, is accused by the Consumer Financial Protection Bureau (CFPB) of providing inaccurate information on consumer reports.
The CFPB alleges that Experian conducts sham investigations, fails to properly address consumer disputes, and reinserts inaccurate information on consumer reports.
Experian's actions threaten consumers' access to credit, employment, and housing.
The CFPB states that Experian's actions violate the Fair Credit Reporting Act and the Consumer Financial Protection Act.