One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and ...
Equifax was heavily fined by the Consumer Financial Protection Bureau for not adequately investigating consumer credit report ...
Even small mistakes can negatively impact your credit score; here are some of the most common credit report errors and how ...
The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing ...
This will cause an inquiry to appear on your TransUnion report (not your Equifax or Experian reports) and may result in a temporary decrease in your credit score. The drop in your credit score is ...
Experts emphasize the importance of maintaining a good credit score as it could affect loans, credit cards and living ...
Equifax agreed to resolve allegations that it failed to conduct proper investigations of consumer disputes, ignored evidence ...
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.
The bureau said Equifax ignored consumer documents and evidence submitted alongside disputes, allowed previously flagged inaccuracies to return to credit reports, and relied on flawed software code, ...
The credit bureaus use their own proprietary algorithms and calculate their own credit scores. Equifax uses the Equifax Risk Score, while TransUnion uses the CreditVision Scoring Model.
Generally, with corporate credit cards, your personal credit score won't be affected. This is because most corporate cards ...