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CFPB Helps Survivors Mitigate the Financial Consequences of Human Trafficking

The Consumer Financial Protection Bureau (CFPB) issued a final rule to help survivors avoid some of the financial consequences of human trafficking. The final rule, which applies to all credit reporting companies, provides guidance to survivors on the “trafficking documentation” they need to provide to credit reporting companies, as well as on the reporting status as having experienced a form of trafficking, and requires credit reporting companies to block adverse information in credit reports.

 

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Post By Ken Shafton (2,052 Posts)