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Equifax, CFPB
Feds order Atlanta-based Equifax to pay $15M for improper investigations of credit report errors
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.”
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 over credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes. Credit reports have a significant impact on consumer finances,
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.
US consumer bureau fines Equifax $15 million over handling of consumer disputes
The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau
Equifax
$15 million for failing to sufficiently investigate consumer disputes of its credit ...
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
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 To Pay $725K Over Inaccurate Credit Scores That Raised Costs For NY Consumers
Bad math at Equifax led to bad rates for New Yorkers – now it’s paying up.The credit reporting agency agreed to a $725,000 settlement reached with the Empire State Tuesday, Jan. 15, after a coding error wrongly lowered credit scores for
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,
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,
nationalmortgageprofessional.com
1d
Equifax Paying $15 Million For Consumer Dispute Failures
For the “failure to conduct proper investigations of consumer disputes,” the Consumer Financial Protection Bureau (CFPB) last ...
Auto Remarketing
2d
CFPB penalties against American Honda Finance & Equifax approach $30M
The Consumer Financial Protection Bureau finished last week with notable actions against a captive finance company and a ...
National Mortgage News
6d
Equifax settles complaint of coding error impacting scores
Without admitting wrongdoing, Equifax agreed to pay $725,000 because of a three-week error which lowered credit scores for 77 ...
4d
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 ...
18h
Equifax Inc. stock outperforms competitors on strong trading day
Equifax Inc. closed 12.07% below its 52-week high of $309.63, which the company reached on September 16th.
7h
Equifax, Inc. (EFX) Stock Forecasts
Rajiv Bhatia is an equity analyst on the financials team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. His areas of focus include custody banks, credit bureaus, ...
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1d
Did Equifax Fail You? CFPB Slams Credit Giant with $15M Penalty for Outrageous Consumer Failures!
The Consumer Financial Protection Bureau (CFPB) has taken enforcement action against Equifax, one of the nation’s largest ...
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