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Equifax, CFPB and Credit Score
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,
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.
Equifax Ordered to Pay $15 Million by CFPB for Failing to Investigate Credit Disputes Adequately
The CFPB has ordered Equifax to pay $15 million for improperly investigating credit report disputes and providing inaccurate credit scores due to software errors.
CFPB fines Equifax $15 million over 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 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 to adequately investigate cons
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.
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.
Equifax ordered to pay $15 million for improper investigations regarding credit card errors
The Consumer Financial Protection Bureau (CFPB) this week ordered Equifax to pay $15 million for failing to conduct proper investigations regarding credit card errors, according to a press release. Equifax,
2d
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 ...
2d
CFPB Fines Equifax $15M Over Consumer Dispute Probes -- Update
An Equifax spokesperson said the settlement resolves a long-running investigation that was publicly disclosed in 2022. The company worked proactively with the CFPB even before the probe began to ...
4d
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 ...
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