CFPB Gives Extra Time to Slam Data Brokers' Sneaky Practices
Published Date: 3/5/2025
Proposed Rule
Summary
The CFPB is updating rules to better protect people’s personal info from data brokers. They’re giving everyone more time—until April 2, 2025—to share their thoughts on these changes. This affects companies handling consumer reports and aims to keep your data safer without extra costs.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Stronger Limits on Data Brokers
The CFPB published a proposed rule on December 13, 2024 to amend Regulation V (which implements the Fair Credit Reporting Act) to specify the definitions of "consumer report" and "consumer reporting agency" and to govern when consumer reporting agencies may furnish, and users may obtain, consumer reports. The proposal is intended to better protect people’s personal information from data brokers and, according to the notice, would not impose extra costs on consumers.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-08494 — Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)
Starting June 30, 2026, new rules will help banks and lenders better track loans to small, women-owned, and minority-owned businesses. These changes make it easier for lenders to follow the rules, improve the quality of loan data, and support fair lending. Lenders must fully comply by January 1, 2028, so small businesses get a fair shot at credit.
2026-07804 — Equal Credit Opportunity Act (Regulation B)
The Consumer Financial Protection Bureau is updating rules to make sure everyone gets a fair shot at credit without being unfairly discouraged or discriminated against. These changes clarify how lenders should handle special credit programs and prevent hidden biases. The new rules kick in on July 21, 2026, helping protect your rights and keep lending fair and square.
2025-19864 — Equal Credit Opportunity Act (Regulation B)
The Consumer Financial Protection Bureau is updating rules to make sure everyone gets a fair shot at credit, no matter who they are. These changes clarify how lenders should avoid unfair treatment and support special credit programs. If you want to share your thoughts, you’ve got until December 15, 2025, to speak up!
2025-19865 — Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)
The CFPB is updating rules for small business loans to make things simpler and fairer for lenders and borrowers. These changes affect banks and lenders by redefining which loans count and what info they must collect, aiming to improve data quality. Comments on the proposal are open until December 15, 2025, so get ready to weigh in!
2025-19689 — Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission
The Consumer Financial Protection Bureau is canceling a rule that made certain nonbank companies report government orders about their financial products. This change means those companies won’t have to share this info anymore, saving them and the Bureau time and money. The new rule takes effect right away on October 29, 2025, and aims to keep things simpler without hurting consumer protection.
2025-19687 — Rules of Practice for Adjudication Proceedings
The Consumer Financial Protection Bureau (CFPB) is rolling back some changes it made in 2022 and 2023 to how it runs legal hearings, like depositions and deadlines. These old rules are mostly gone, but a few small clarifications stick around. This update kicks in on October 29, 2025, and affects anyone involved in CFPB legal cases, making the process clearer and smoother without adding new costs.
Previous / Next Documents
Previous: 2025-03526 — Airworthiness Directives; MHI RJ Aviation ULC (Type Certificate Previously Held by Bombardier, Inc.) Airplanes
The FAA wants all MHI RJ Aviation ULC regional jets to update their maintenance checklists with new, stricter tasks to keep flying safe. This affects several popular jet models and means operators must follow these new rules soon to avoid safety risks. While it might cost some time and money, it’s all about keeping passengers and crews safe up in the sky!
Next: 2025-03561 — Magnuson-Stevens Act Provisions; Fisheries Off West Coast States; Pacific Coast Groundfish Fishery Management Plan; Amendment 35; Notice of Availability
The Pacific Fishery Management Council sent Amendment 35 to update which fish stocks need special care along the West Coast. This change helps protect eight key fish species by setting clear rules for future stock checks, but it won’t change fishing limits or seasons right now. Fishermen and coastal communities can expect smarter fish management without any immediate changes to when or how much they fish.