The Fair Credit Reporting Act's Limited Preemption of State Laws
Cited by Consumer Financial Protection Bureau on
The purpose of the CFPB is to promote fairness and transparency for mortgages, credit cards, and other consumer financial products and services. The CFPB will set and enforce clear, consistent rules that allow banks and other consumer financial services providers to compete on a level playing field and that let consumers see clearly the costs and features of products and services.