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 ...
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The U.S. Consumer Financial Protection Bureau ordered Equifax to pay $15 million after it “failed to conduct adequate investigations of disputed information in credit reports.” ...
"Hundreds of thousands of people in the UK have been affected by the Equifax data breach. The FCA is right to investigate the circumstances surrounding it." Earlier this month Nicky Morgan ...
Under the mandates of the Fair Credit Reporting Act (FCRA), entities like Equifax are tasked with the duty to investigate and ensure the veracity of information listed within consumer reports ...
The Consumer Financial Protection Bureau finished last week with notable actions against a captive finance company and a credit bureau with total penalties against the companies approaching $30 ...
Equifax, the nationwide consumer reporting agency headquartered in Atlanta, reportedly failed to thoroughly investigate consumer disputes, placed previous deleted errors back on credit reports and ...
"Equifax failed in its basic duty to investigate and resolve consumer disputes about inaccurate information on their credit reports," CFPB Director Rohit Chopra said in a press release. Equifax said ...
The Consumer Financial Protection Bureau found that the Atlanta-based company failed to properly investigate disputes in credit reports. Equifax will pay a $15 million penalty for failing to ...
The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing to adequately investigate consumer disputes regarding credit reports.
The Consumer Financial Protection Bureau (CFPB) has taken action against Equifax Inc. EFX, a consumer reporting agency, for failing to properly investigate consumer disputes. The CFPB’s ...
Equifax will pay the fine into the Consumer Financial Protection Bureau's victims relief fund, the federal agency said in a news release on Friday, Jan. 17. The CFPB's investigation found Equifax ...
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