Jump to Content
ABA: The American Bankers Association
Compliance News

CDIA Issues Guidance for Consumer Reporting Agencies During Shutdown

With many government employees going without paychecks as the government shutdown persists, the Consumer Data Industry Association (CDIA) has issued guidance for reporting forbearance information to consumer reporting agencies during a protracted shutdown. CDIA reminded institutions that they may reference FAQ 45 of the Credit Reporting Resource guide for guidance on furnishing forbearance data to consumer reporting agencies in the Metro 2 format.