PHOENIX, AZ -- (Marketwire) -- 02/22/12 -- As announced in its press release February 16, the Consumer Financial Protection Bureau (CFPB) has proposed that it be given the authority to oversee the activities of and . "Should oversight be granted, this would be good news for consumers," says Kristy Welsh of .The proposed new rule would give the CFPB the ability to review the books of (CRAs) having more than $7 million in annual receipts, representing 94 percent of the market. That would include the three major credit reporting agencies -- Experian, Transunion and Equifax. The new [...]


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