US EditionComment Letter: CFPB Ruling Protecting Americans From Harmful Data Broker Practices.
Summary by The Greenlining Institute
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Comment Letter: CFPB Ruling Protecting Americans From Harmful Data Broker Practices.
The Greenlining Institute supports the CFPB’s proposed rule to regulate data brokers under the Fair Credit Reporting Act, emphasizing the need for transparency and fairness in fintech and traditional lending. The letter highlights how data brokers supply consumer inferences that impact credit decisions and argues that AI-driven credit scoring can reinforce systemic biases. It warns against targeted marketing that enables digital redlining and ca…
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