{"id":16990,"date":"2022-02-17T11:00:00","date_gmt":"2022-02-17T17:00:00","guid":{"rendered":"https:\/\/www.lexingtonlaw.com\/blog\/?p=16990"},"modified":"2024-05-06T12:16:53","modified_gmt":"2024-05-06T18:16:53","slug":"cfpb-annual-report-highlights","status":"publish","type":"post","link":"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html","title":{"rendered":"Highlights from the CFPB annual report on credit"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1500\" height=\"500\" src=\"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/Blog-images-1500X500_CFPB.png\" alt=\"\" class=\"wp-image-16996\" srcset=\"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/Blog-images-1500X500_CFPB.png 1500w, https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/Blog-images-1500X500_CFPB-1100x367.png 1100w, https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/Blog-images-1500X500_CFPB-768x256.png 768w\" sizes=\"(min-width: 767px) 600px, calc(100vw - 35px)\" \/><\/figure>\n\n\n\n<p><em>The information provided on this website does not, and is not intended to, act as legal, financial or credit advice.<\/em>&nbsp;<a href=\"https:\/\/www.lexingtonlaw.com\/disclaimer\" target=\"_blank\" rel=\"noreferrer noopener\"><em>See Lexington Law\u2019s editorial disclosure for more information.<\/em><\/a>&nbsp;<\/p>\n\n\n\n<p>The Consumer Financial Protection Bureau (CFPB) is a government agency that helps protect the rights of American consumers. The agency\u2019s <a href=\"https:\/\/www.consumerfinance.gov\/about-us\/the-bureau\/\" target=\"_blank\" rel=\"noreferrer noopener\">goal<\/a> is to \u201cprotect consumers from unfair, deceptive or abusive practices and take action against companies that break the law.\u201d<\/p>\n\n\n\n<p>The <a href=\"https:\/\/files.consumerfinance.gov\/f\/documents\/cfpb_fcra-611-e_report_2022-01.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">CFPB produces a report<\/a> on credit and consumer reporting complaints every year. The agency works with the <a href=\"https:\/\/www.lexingtonlaw.com\/education\/three-credit-bureaus\" target=\"_blank\" rel=\"noreferrer noopener\">three largest nationwide consumer reporting agencies<\/a> (NCRAs)\u2014Experian<sup>\u00ae<\/sup>, Equifax<sup>\u00ae<\/sup> and TransUnion<sup>\u00ae<\/sup>\u2014to collect this data and draw insights about trends and problematic areas that need to be addressed.&nbsp;<\/p>\n\n\n\n<p>While this data is collected through the NCRAs, the report is produced independently of them. Based on the findings of this report, the CFPB can make suggestions about credit reporting and the complaint process, if deemed necessary.&nbsp;<\/p>\n\n\n\n<p>The year 2021 was challenging for many consumers\u2014both financially and with regard to credit reporting issues. The CFPB annual report shows some concerning trends from the previous year that hopefully won\u2019t continue into 2022.&nbsp;<\/p>\n\n\n\n<p>Don\u2019t have time to read the full detailed report? Here are some of the major highlights we think you should know.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-consumers-are-increasingly-complaining-about-the-ncras\">Consumers are increasingly complaining about the NCRAs<\/h2>\n\n\n\n<p>From January 2020 to September 2021, the CFPB received over 800,000 credit or consumer reporting complaints. More than 87 percent of these complaints were about the three major NCRAs.&nbsp;<\/p>\n\n\n\n<p>The majority of complaints seem to stem from the following problems:<\/p>\n\n\n\n<ul><li><strong>The automated system:<\/strong> When consumers find inaccurate information on their credit reports and try to contact the NCRAs to file a dispute, they get caught up in an automated system. This system is largely unhelpful and doesn\u2019t lead to consumer problems being resolved. This is an especially significant issue for consumers who are looking for a quick resolution because they\u2019re going through major life events\u2014such as buying a home or applying for employment.&nbsp;<br><\/li><li><strong>A waste of time and money:<\/strong> Many consumers complain about the exorbitant amount of energy put into disputing inaccurate data with the credit bureaus. The time dedicated to addressing these problems can be even more challenging if the consumer is also dealing with other personal issues. In fact, some consumers are driven to pay off debts they don\u2019t believe to be theirs just to get the debt off their credit report and stop it from impacting their credit score further.&nbsp;<br><\/li><li><strong>Being caught between data furnishers and NCRAs:<\/strong> When <a href=\"https:\/\/www.lexingtonlaw.com\/education\/credit-disputes\" target=\"_blank\" rel=\"noreferrer noopener\">attempting to dispute incorrect information on a credit report,<\/a> consumers can talk to either the NCRA or the data furnisher (entities like credit card providers and mortgage lenders) about removing the information. However, many consumers report that when they attempt to file a dispute, the NCRA and the data furnisher just point back at each other, which makes it hard for consumers to get any help.&nbsp;<\/li><\/ul>\n\n\n\n<p>These problems seem to indicate <a href=\"https:\/\/aaccp.org\/news\/the-four-most-important-takeaways-from-the-cfpbs-brutal-analysis-of-the-credit-reporting-system%E2%80%AF\/\" target=\"_blank\" rel=\"noreferrer noopener\">a generally inefficient and broken credit system<\/a> that\u2019s leaving consumers feeling like they don\u2019t have control over their own credit. Considering how much damage negative items can have on a person\u2019s credit health, it\u2019s incredibly disheartening when consumers can\u2019t easily address inaccurate data that shouldn\u2019t be impacting them.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1500\" height=\"700\" src=\"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/5.png\" alt=\"From January 2020 to September 2021, the CFPB received over 800,000 credit or consumer reporting complaints. More than 87 percent of these complaints were about the three major NCRAs.\u00a0\" class=\"wp-image-17116\" srcset=\"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/5.png 1500w, https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/5-1100x513.png 1100w, https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/5-768x358.png 768w\" sizes=\"(min-width: 767px) 600px, calc(100vw - 35px)\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-consumers-have-the-right-to-dispute-information-on-their-reports\">Consumers have the right to dispute information on their reports<\/h2>\n\n\n\n<p>Consumers can (and should!) dispute inaccurate and incomplete information. Some common pieces of information that can be disputed on your credit report are:<\/p>\n\n\n\n<ul><li>Debts that include the wrong amounts, dates or lender names<\/li><li>Debts that are marked as open despite you paying them in full<\/li><li>Debts that are marked twice<\/li><li>Debts or accounts that don\u2019t belong to you<\/li><li>Missed or late payments that are incorrect&nbsp;<\/li><\/ul>\n\n\n\n<p>As noted by the majority of complaints received by the CFPB in 2021, while consumers may have the right to file a dispute, that doesn\u2019t mean it\u2019s easy to do so. It can be challenging to comb through your credit report to find inaccuracies and then handle the dispute with the NCRAs.<\/p>\n\n\n\n<p>Any consumer who doesn\u2019t have the time, energy or patience to take on this task should consider using <a href=\"https:\/\/www.lexingtonlaw.com\/education\/credit-repair-companies\" target=\"_blank\" rel=\"noreferrer noopener\">a credit repair organization.<\/a> These agencies offer professional credit repair services that work with you to review your report and challenge any unfair, inaccurate and unsubstantiated items.&nbsp;<\/p>\n\n\n\n<p>Consumers also have the right to submit complaints about NCRAs if they feel their disputes aren\u2019t being dealt with fairly. <a href=\"https:\/\/www.lexingtonlaw.com\/education\/what-is-the-fair-credit-reporting-act\" target=\"_blank\" rel=\"noreferrer noopener\">Under the Fair Credit Reporting Act (FCRA),<\/a> the NCRAs are legally obligated to investigate legitimate credit disputes properly.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-ncras-are-providing-less-relief-in-response-to-complaints\">The NCRAs are providing less relief in response to complaints<\/h2>\n\n\n\n<p>Despite complaints being higher than ever, the NCRAs had a record low number of complaint resolutions. In 2021, the NCRAs achieved only 2 percent complaint relief, a dramatic decline from 25 percent complaint relief in 2019. The CFPB has found that the NCRAs are closing complaints faster and at lower rates of resolution.&nbsp;<\/p>\n\n\n\n<p>The NCRAs legally have to investigate any disputes they deem legitimate. Additionally, it\u2019s not just the consumers themselves who can file a complaint. Under the <a href=\"https:\/\/www.lexingtonlaw.com\/blog\/credit-repair\/history-consumer-rights-improvements.html\" target=\"_blank\" rel=\"noreferrer noopener\">Dodd-Frank Wall Street Reform and Consumer Protection Act<\/a>, consumers\u2019 third-party representatives can also file complaints on their behalf. The CFPB requires that NCRAs treat complaints equally, regardless of whether the consumer or a third-party representative has filed them.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1500\" height=\"700\" src=\"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/6.png\" alt=\"In 2021, the NCRAs achieved only 2 percent complaint relief, a dramatic decline from 25 percent complaint relief in 2019. \" class=\"wp-image-17117\" srcset=\"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/6.png 1500w, https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/6-1100x513.png 1100w, https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/6-768x358.png 768w\" sizes=\"(min-width: 767px) 600px, calc(100vw - 35px)\" \/><\/figure>\n\n\n\n<p>However, according to the CFPB report, that isn\u2019t happening. The NCRAs seem to have a pattern of ignoring complaints when they suspect a third party was involved in submitting them. Of course, there\u2019s no way for the NCRA to know who submitted the complaint, so they\u2019re coming to this conclusion based off of speculation.&nbsp;<\/p>\n\n\n\n<p>As a result of ignoring complaints involving third-party submissions, the NCRAs are leaving many consumers without a response or resolution to their complaints.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-flaws-with-the-credit-reporting-system-can-greatly-affect-consumers-lives\">Flaws with the credit reporting system can greatly affect consumers\u2019 lives<\/h2>\n\n\n\n<p>Errors on credit reports can and do affect consumers, because a person\u2019s quality of life can be greatly impacted by their credit in many ways\u2014both positively and negatively. When someone has inaccurate information on their credit report, it can hurt their ability to secure a mortgage or be approved for a credit card, a car lease and more.<\/p>\n\n\n\n<p>Your credit is even checked by some employers and landlords when you\u2019re putting in an application, so inaccurate credit data can affect your ability to get a job or an apartment.<\/p>\n\n\n\n<p>Lastly, as the CFPB states, these mistakes can also affect the economy as a whole. Credit errors keep people who are actually financially responsible from borrowing according to their true potential, which is a deterrent to our economy\u2019s health.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-does-this-mean-for-you\">What does this mean for you?<\/h2>\n\n\n\n<p>While systems are in place to help consumers fight incorrect credit data, it\u2019s clear that these systems aren\u2019t perfect. The most important step consumers can take is to understand their rights and advocate for them.&nbsp;<\/p>\n\n\n\n<p>You need to stay educated about your rights (like the right to dispute inaccurate data) and be proactive with your credit. Managing your credit properly includes regularly checking your credit reports and scores so you can work to address anything inaccurate, unfair or unsubstantiated as soon as it appears.&nbsp;<\/p>\n\n\n\n<p>Remember that you don\u2019t have to take on this fight yourself. The CFPB report results show that many consumers felt exhausted when trying to file disputes, so consider going to the professionals within the credit system to get assistance. The credit repair consultants at <a href=\"https:\/\/www.lexingtonlaw.com\/our-firm\" target=\"_blank\" rel=\"noreferrer noopener\">Lexington Law Firm<\/a> are here to help you today. &nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/lexingtonlaw.com\/disclaimer\" target=\"_blank\" aria-label=\"undefined (opens in a new tab)\" rel=\"noreferrer noopener\"><strong><em>Note:<\/em><\/strong><\/a><em> Articles have only been reviewed by the indicated attorney, not written by them. The information provided on this website does not, and is not intended to, act as legal, financial or credit advice; instead, it is for general informational purposes only. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client or fiduciary relationship between the reader, user, or browser and website owner, authors, reviewers, contributors, contributing firms, or their respective agents or employers.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The annual CFPB report has come out with results for 2021. We\u2019ve analyzed the report and pulled out some of the key findings you\u2019ll want to know.<\/p>\n","protected":false},"author":63,"featured_media":16991,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[531],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v18.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Highlights from the CFPB annual report on credit - Lexington Law<\/title>\n<meta name=\"description\" content=\"The annual CFPB report has come out with results for 2021. We\u2019ve analyzed the report and pulled out some of the key findings you\u2019ll want to know.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Highlights from the CFPB annual report on credit\" \/>\n<meta property=\"og:description\" content=\"The annual CFPB report has come out with results for 2021. We\u2019ve analyzed the report and pulled out some of the key findings you\u2019ll want to know.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html\" \/>\n<meta property=\"og:site_name\" content=\"Lexington Law\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-17T17:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-06T18:16:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/Blog-images-640-X-420_CFPB.png\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"421\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lexington Law\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.lexingtonlaw.com\/blog\/#website\",\"url\":\"https:\/\/www.lexingtonlaw.com\/blog\/\",\"name\":\"Lexington Law\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.lexingtonlaw.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/Blog-images-640-X-420_CFPB.png\",\"contentUrl\":\"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/Blog-images-640-X-420_CFPB.png\",\"width\":640,\"height\":421},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html#webpage\",\"url\":\"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html\",\"name\":\"Highlights from the CFPB annual report on credit - Lexington Law\",\"isPartOf\":{\"@id\":\"https:\/\/www.lexingtonlaw.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html#primaryimage\"},\"datePublished\":\"2022-02-17T17:00:00+00:00\",\"dateModified\":\"2024-05-06T18:16:53+00:00\",\"author\":{\"@id\":\"https:\/\/www.lexingtonlaw.com\/blog\/#\/schema\/person\/3bdde08475ff103d98185ad2f04d0bcd\"},\"description\":\"The annual CFPB report has come out with results for 2021. We\u2019ve analyzed the report and pulled out some of the key findings you\u2019ll want to know.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"All Posts\",\"item\":\"https:\/\/www.lexingtonlaw.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"News\",\"item\":\"https:\/\/www.lexingtonlaw.com\/blog\/category\/news\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Highlights from the CFPB annual report on credit\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.lexingtonlaw.com\/blog\/#\/schema\/person\/3bdde08475ff103d98185ad2f04d0bcd\",\"name\":\"Lexington Law\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.lexingtonlaw.com\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2024\/07\/cropped-wp-logo-1-96x96.png\",\"contentUrl\":\"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2024\/07\/cropped-wp-logo-1-96x96.png\",\"caption\":\"Lexington Law\"},\"url\":\"https:\/\/www.lexingtonlaw.com\/blog\/author\/lexington-law\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Highlights from the CFPB annual report on credit - Lexington Law","description":"The annual CFPB report has come out with results for 2021. We\u2019ve analyzed the report and pulled out some of the key findings you\u2019ll want to know.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html","og_locale":"en_US","og_type":"article","og_title":"Highlights from the CFPB annual report on credit","og_description":"The annual CFPB report has come out with results for 2021. We\u2019ve analyzed the report and pulled out some of the key findings you\u2019ll want to know.","og_url":"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html","og_site_name":"Lexington Law","article_published_time":"2022-02-17T17:00:00+00:00","article_modified_time":"2024-05-06T18:16:53+00:00","og_image":[{"width":640,"height":421,"url":"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/Blog-images-640-X-420_CFPB.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Lexington Law","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/www.lexingtonlaw.com\/blog\/#website","url":"https:\/\/www.lexingtonlaw.com\/blog\/","name":"Lexington Law","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.lexingtonlaw.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html#primaryimage","inLanguage":"en-US","url":"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/Blog-images-640-X-420_CFPB.png","contentUrl":"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/Blog-images-640-X-420_CFPB.png","width":640,"height":421},{"@type":"WebPage","@id":"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html#webpage","url":"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html","name":"Highlights from the CFPB annual report on credit - Lexington Law","isPartOf":{"@id":"https:\/\/www.lexingtonlaw.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html#primaryimage"},"datePublished":"2022-02-17T17:00:00+00:00","dateModified":"2024-05-06T18:16:53+00:00","author":{"@id":"https:\/\/www.lexingtonlaw.com\/blog\/#\/schema\/person\/3bdde08475ff103d98185ad2f04d0bcd"},"description":"The annual CFPB report has come out with results for 2021. We\u2019ve analyzed the report and pulled out some of the key findings you\u2019ll want to know.","breadcrumb":{"@id":"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.lexingtonlaw.com\/blog\/news\/cfpb-annual-report-highlights.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"All Posts","item":"https:\/\/www.lexingtonlaw.com\/blog"},{"@type":"ListItem","position":2,"name":"News","item":"https:\/\/www.lexingtonlaw.com\/blog\/category\/news"},{"@type":"ListItem","position":3,"name":"Highlights from the CFPB annual report on credit"}]},{"@type":"Person","@id":"https:\/\/www.lexingtonlaw.com\/blog\/#\/schema\/person\/3bdde08475ff103d98185ad2f04d0bcd","name":"Lexington Law","image":{"@type":"ImageObject","@id":"https:\/\/www.lexingtonlaw.com\/blog\/#personlogo","inLanguage":"en-US","url":"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2024\/07\/cropped-wp-logo-1-96x96.png","contentUrl":"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2024\/07\/cropped-wp-logo-1-96x96.png","caption":"Lexington Law"},"url":"https:\/\/www.lexingtonlaw.com\/blog\/author\/lexington-law"}]}},"featured_media_src_url":"https:\/\/www.lexingtonlaw.com\/blog\/wp-content\/uploads\/2022\/02\/Blog-images-640-X-420_CFPB.png","_links":{"self":[{"href":"https:\/\/www.lexingtonlaw.com\/blog\/wp-json\/wp\/v2\/posts\/16990"}],"collection":[{"href":"https:\/\/www.lexingtonlaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lexingtonlaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lexingtonlaw.com\/blog\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lexingtonlaw.com\/blog\/wp-json\/wp\/v2\/comments?post=16990"}],"version-history":[{"count":4,"href":"https:\/\/www.lexingtonlaw.com\/blog\/wp-json\/wp\/v2\/posts\/16990\/revisions"}],"predecessor-version":[{"id":18609,"href":"https:\/\/www.lexingtonlaw.com\/blog\/wp-json\/wp\/v2\/posts\/16990\/revisions\/18609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lexingtonlaw.com\/blog\/wp-json\/wp\/v2\/media\/16991"}],"wp:attachment":[{"href":"https:\/\/www.lexingtonlaw.com\/blog\/wp-json\/wp\/v2\/media?parent=16990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lexingtonlaw.com\/blog\/wp-json\/wp\/v2\/categories?post=16990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lexingtonlaw.com\/blog\/wp-json\/wp\/v2\/tags?post=16990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}