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Black-box credit models

Administration Events National Opinion 

CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms

May 26, 2022May 26, 2022 HRM Staff Black-box credit models, complex algorithms, Consumer Financial Protection Bureau (CFPB), Equal Credit Opportunity Act, washnigton dc

By: Consumer Financial Protection Bureau Companies relying on complex algorithms must provide specific and accurate explanations for denying applications Washington,

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