Equifax was heavily fined by the Consumer Financial Protection Bureau for not adequately investigating consumer credit report ...
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 ...
Even small mistakes can negatively impact your credit score; here are some of the most common credit report errors and how you can fix them.
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 ...
The CFPB cited Equifax’s failure to investigate disputes and resolve errors as part of its crackdown on credit reporting.
Although Experian is the largest credit bureau in the U.S., TransUnion and Equifax are widely considered to be just as accurate and important. When it comes to credit scoring models, however, there is ...
Equifax Inc. (EFX), headquartered in Atlanta ... Ahead of the event, analysts expect EFX to report a profit of $2.11 per share on a diluted basis, up 16.6% from $1.81 per share in the year ...
On Friday, the CFPB issued a consent order that found Equifax, based in Atlanta, ignored documents and evidence that consumers submitted to dispute information on their credit report, as well as ...
“Consumers depend on credit bureaus like Equifax to report their credit history accurately,” James said in a statement announcing the settlement. “Equifax’s failure to do its most basic ...
The Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit reports, alleging the company failed to conduct proper investigations of disputed information ...