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Equifax, CFPB
Equifax to pay $725,000 to state AG over inaccurate credit scores
Equifax must pay $725,000 as part of a settlement with the state after a coding error in 2022 led to the inaccurate lowering of some New Yorkers' credit scores.
CFPB fines Equifax $15 million for errors on credit reports
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes. Credit reports have a significant impact on consumer finances,
CFPB orders Equifax to pay $15 million for credit reporting errors
Equifax agreed to resolve allegations that it failed to conduct proper investigations of consumer disputes, ignored evidence and allowed previously deleted inaccuracies to be reinstated on credit reports.
Equifax Fined $15 Million: A Turning Point in Credit Reporting Accountability
The U.S. Consumer Financial Protection Bureau fined Equifax $15 million for insufficiently investigating consumer credit report disputes. Equifax ignored evidence from consumers, reinstated inaccuracies,
Consumer Alert: New York AG settles with Equifax over credit score errors
The New York Attorney General announced a settlement with Equifax over inaccuracies in credit scores for New Yorkers. This issue affected about 77,000 residents due to a coding mistake, according to Equifax.
Equifax settles with NY Attorney General over inaccurate credit score reporting
New York Attorney General Letitia James has announced a settlement with Equifax Information Services, LLC over inaccuracies in credit scores reported for tens of thousands of New Yorkers. A coding error led to falsely lowered credit scores between March and April 2022,
CFPB Orders Equifax To Pay $15 Million For Improper Investigations Of Credit Reporting Errors
Today, the Consumer Financial Protection Bureau (CFPB) took action against Equifax, the nationwide consumer reporting agency, for its failure to conduct proper investigations of consumer disputes. The CFPB found Equifax ignored consumer documents and evidence submitted with disputes,
Credit agency crackdown: CFBP fines Equifax for damaging credit report errors
The CFPB cited Equifax’s failure to investigate disputes and resolve errors as part of its crackdown on credit reporting.
Equifax Fined $15M For Inaccurate Credit Scores, Mishandling Disputes: CFPB
One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and failing to properly investigate consumer disputes, officials said. Equifax will pay the fine into the Consumer Financial Protection Bureau's victims relief fund,
7h
These mistakes could tank your credit score
Even small mistakes can negatively impact your credit score; here are some of the most common credit report errors and how ...
ConsumerAffairs
12h
Equifax fined $15 million over its handling of consumer disputes
The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing ...
8h
Equifax hit with $15 million penalty from U.S. Consumer Financial Protection Bureau
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.
National Mortgage News
2d
Equifax settles complaint of coding error impacting scores
Without admitting wrongdoing, Equifax agreed to pay $725,000 because of a three-week error which lowered credit scores for 77 ...
1d
How credit inquiries affect your credit score
A hard credit inquiry could lower your credit score by as much as 10 points, though in many cases, the damage probably won’t ...
Bankrate on MSN
2d
What do the 3 credit bureaus do?
The three major credit bureaus are Equifax, Experian and TransUnion. The credit bureaus manage records on your accounts, ...
2d
Equifax price target lowered to $300 from $340 at Jefferies
Jefferies lowered the firm’s price target on Equifax (EFX) to $300 from $340 and keeps a Buy rating on the shares. Among the credit bureaus, ...
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Related topics
Consumer Financial Protection Bureau
CFPB
Attorney General of New York
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