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CFPB Sets Sights On Checking Account Blacklists

By Erica Teichert (October 8, 2014, 2:31 PM EDT) -- Consumer Financial Protection Bureau Director Richard Cordray on Wednesday called on credit reporting agencies and specialty reporting companies to improve and standardize their data collection activities to help improve access to banking and checking accounts, saying the current system has blacklisted some consumers from banking activities....

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