Disputes Laws UDAAP 
PYMNTS
SEPTEMBER 22, 2017
consumer accounts were accessed by the hackers, as well as certain dispute documents with personal identifying information for approximately 182,000 U.S. 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).
PYMNTS
JANUARY 27, 2020
In essence, the change means that the agency is limiting how it can pursue such practices, which fall under a standard known as “Unfair or Deceptive Acts or Practices” (UDAAP). However, nearly a decade after the act became law, uncertainty remains as to the scope and meaning of abusiveness. In the case, captioned Seila Law LLC v.
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