Equifax was heavily fined by the Consumer Financial Protection Bureau for not adequately investigating consumer credit report disputes.

“The $15 million that was imposed on Equifax was a civil money penalty,” says Chi Chi Wu, senior attorney at the National Consumer Law Center. In other words, it was a fine, not a lawsuit fund ...

The accusations against Equifax mirror allegations made in a lawsuit filed against fellow credit-reporting giant Experian just two weeks ago, in which the consumer watchdog claimed that Experian ...

Credit bureau Equifax has agreed to pay a $15 million fine to the Consumer Financial Protection Bureau Friday to resolve allegations that it failed to conduct proper investigations of consumer ...

PowerSchool, a software company which works with public schools across North Carolina, had a security breach in mid-December.

Equifax is one of three major credit reporting ... The $15 million civil penalty follows a lawsuit CFPB filed against another credit bureau, Experian, on Jan. 7, alleging the company conducted ...

Equifax has also agreed to bring its dispute resolution processes into compliance with the Fair Credit Reporting Act and other government requirements, said the agency. The CFPB filed a lawsuit in ...

CFPB's operations were suspended which is likely to provide relief to many financial companies currently facing enforcement ...