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 ...

"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 ...

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 ...

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 ...

"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 ...

Trump appointee, Russell Vought stops work at the Consumer Financial Protection Bureau. The recent changes made by the agency ...

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 ...

“You’re supposed to get a reasonable investigation with an employee assigned to the case who can get down to the facts. But that’s not what happens,” Wu says. “It’s very much an automated perfunctory ...

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 (CFPB) has taken action against Equifax Inc. EFX, a consumer reporting agency, for failing to properly investigate consumer disputes. The CFPB’s ...