Consumer Financial Protection Bureau headquarters in Washington, D.C. Photo: Diego M. Radzinschi/ALMCFPB Aims to Regulate Data Brokers Selling Personal Info
If finalized, the proposed rule would have the federal agency treating data broker sales of a person’s credit history, credit score, debt payments, or income as credit report sales subject to the Fair Credit Reporting Act.
December 03, 2024 at 06:00 AM
3 minute read
The U.S. Consumer Financial Protection Bureau released a proposal on Tuesday to bring data brokers under the reach of the Fair Credit Reporting Act, saying the unregulated collection and sale of consumers' personal information raised national security concerns.
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