Credit reporting agency TransUnion agreed to pay $23 million total across settlements with the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) for alleged tenant screening and security freeze deficiencies.
As part of a settlement with both agencies, TransUnion will pay $11 million to consumers and a $4 million fine for failing to ensure the accuracy of tenant screening reports, the CFPB and FTC announced Thursday. The agreement is subject to court approval.
