Authorization Legal UDAAP 
PYMNTS
SEPTEMBER 25, 2017
But legal experts said it is likely to weigh in using powers it wields under the 2010 Dodd-Frank Act. The CFPB and legal experts said the regulator could pursue Equifax under an aspect of the Dodd-Frank Act that bans unfair, deceptive and abusive acts and practices (UDAAP).
PYMNTS
SEPTEMBER 22, 2017
There is, however, some question as to whether they have the authority to do so — since Equifax is not strictly a financial company. The CFPB and legal experts said the regulator could pursue Equifax under an aspect of the Dodd-Frank Act banning unfair, deceptive and abusive acts and practices (UDAAP).
Expert insights. Personalized for you.
46 
Let's personalize your content