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Equifax, CFPB and credit score

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.

Hosted on MSN · 1d

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,

CNBC on MSN · 2d

CFPB fines Equifax $15 million for errors on credit reports

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 a significant impact on consumer finances,

Albany (GA) WALB on MSN · 2d

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,

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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 ...

National Mortgage News4d

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 ...

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How credit inquiries affect your credit score

A hard credit inquiry could lower your credit score by as much as 10 points, though in many cases, the damage probably won’t ...

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