National News

Black and Latino consumers dispute credit reports double that of whites; Credit reporting complaints jump 129% since 2020

     New research from the Consumer Financial Protection Bureau (CFPB), finds that consumers residing in majority minority neighborhoods that are either Black or Latino were more than twice as likely to have disputes appear on their credit reports compared to consumers residing in majority white areas. This finding held true in every credit category reviewed – auto loans, student loans, credit cards, and retail cards between January 2012 and December 2019. […]