Letter to CRAs Requesting Translated Credit Reports During COVID-19
Letter to credit reporting agencies requesting translated credit reports during Covid-19
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Advocates urge Director Kathleen Kraninger to abandon the proposed reorganization of the Consumer Financial Protection Bureau’s (CFPB) Division of Supervision, Enforcement, and Fair Lending (SEFL).
We are writing to highlight the effect of the Supreme Court’s recent decision in TransUnion L.L.C. v. Ramirez, 141 S. Ct. 2190 (U.S. June 25, 2021) on the CFPB’s work. The Ramirez decision significantly impairs the ability of consumers to privately enforce numerous federal consumer laws in federal court, particularly disclosure requirements.