CFPB sets 2022 FCRA asset threshold
December 3, 2021
On November 29, the CFPB announced the annual adjustment to the maximum amount that consumer reporting agencies are permitted to charge consumers for making a file disclosure to a consumer under the FCRA. According to the rule, the ceiling on allowable charges under Section 612(f) of the FCRA will increase to $13.50, which is a $0.50 increase from the ceiling on allowable charges for 2021. The rule is effective on January 1, 2022.