How Safe Are the CFPB’s Massive Date Records?
That was the question raised at a recent House sub-committee meeting. With new data breaches being announced almost daily, there is concern about the massive amount of data that the CFPB is collecting on consumers. While the full extent of the data the agency has collected is not known, it is known that the CFPB collects arbitration case records, automobile sales records, consumer credit report information, credit card details, credit scores, mortgage loan-level data, private student loan data, and payday loan information. [12/17/15]
