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How Poor Credit Could Raise Your Renters Insurance Rates

WKBT May 24, 2021 8:00 AM Sarah Schlichter Posted: Updated: Getty Images The price you pay for renters insurance depends on where you live, how much coverage you choose and whether you’ve filed any previous claims. But in most states, your rate is also influenced by your credit history and it can make a surprisingly big difference. On average, renters insurance rates for people with poor credit are 83% higher than those for people with good credit in states where credit is used as a rating factor, NerdWallet found in a recent analysis. (What’s considered a poor or good score varies by insurer, but these scores are generally in line with FICO credit score ranges.)

CFPB and Debt Settlement Company Agree to Stipulated Final Judgment and Order | Goodwin

​ [author: Samantha Becci] On May 17, 2021, the Consumer Financial Protection Bureau (CFPB) announced that it has entered​ into a stipulated judgment​ and order​ to resolve a civil action that it previously filed against a debt settlement company in the U.S. District Court for the District of Massachusetts on December 1, 2020, as previously reported he​​re. ​The CFPB initially filed suit against the debt settlement company alleging violations of the Telemarketing Sales Rule (TSR), 16 C.F.R. pt. 310, and the Consumer Financial Protection Act of 2010 (CFPA), 12 U.S.C. §§ 5531, 5536(a).  ​The ​​stipulated order ​​would enjoin the company from requesting certain advance fees in violation of the TSR, from using or obtaining credit reports except as provided for by the Fair Credit Reporting Act (FCRA),​ and from misrepresenting its company or the circumstances under which the company may request fees.​​

The Not-So-Hidden FTC Guidance on Organizational Use of Artificial Intelligence (AI), from Data Gathering Through Model Audits | BakerHostetler

To embed, copy and paste the code into your website or blog: Our last AI post on this blog, the New (if Decidedly Not ‘Final’) Frontier of Artificial Intelligence Regulation, touched on both the Federal Trade Commission’s (FTC) April 19, 2021, AI guidance and the European Commission’s proposed AI Regulation. The FTC’s 2021 guidance referenced, in large part, the FTC’s April 2020 post “Using Artificial Intelligence and Algorithms.” The recent FTC guidance also relied on older FTC work on AI, including a January 2016 report, “Big Data: A Tool for Inclusion or Exclusion?,” which in turn followed a September 15, 2014, workshop on the same topic. The Big Data workshop addressed data modeling, data mining and analytics, and gave us a prospective look at what would become an FTC strategy on AI.

AI didn t invent privacy abuse - how the history of data privacy informs our future

AI didn t invent privacy abuse - how the history of data privacy informs our future
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