Equifax, CFPB

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.
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 fined $15M by CFPB for inadequate investigations of credit reporting errors
Equifax ( NYSE: EFX) has been fined $15M by the Consumer Financial Protection Bureau (CFPB) for conducting inadequate investigations of disputes by the consumer reporting agency’s customers, the regulator said Friday.
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 Fines Equifax $15M Over Consumer Dispute Probes -- Update
The Consumer Financial Protection Bureau alleged Friday that Equifax made it difficult for consumers to fully describe their disputes and ignored evidence submitted with those disputes. It also lacked the systems needed to prevent previously deleted errors from being put back on credit reports,
US consumer bureau fines Equifax $15 million for issues fixing 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 reports.
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,
Credit agency crackdown: CFBP fines Equifax for damaging credit report errors
The CFPB cited Equifax’s failure to investigate disputes and resolve errors as part of its crackdown on credit reporting.
US consumer bureau fines Equifax $15 million over handling of consumer disputes
In a statement, a spokesperson for Equifax said the settlement "turns the page" on the matter, which it first disclosed in 2022.
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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 ...
Equifax hit with $15 million penalty from U.S. Consumer Financial Protection Bureau
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.
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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Consumer Alert: New York AG settles with Equifax over credit score errors
The New York Attorney General announced a settlement with Equifax over inaccuracies in credit scores for New Yorkers. This issue affected about 77,000 residents due to a coding mistake, according to ...
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CFPB Orders Equifax To Pay $15 Million For Improper Investigations Of Credit Reporting Errors
Today, the Consumer Financial Protection Bureau (CFPB) took action against Equifax, the nationwide consumer reporting agency, for its failure to conduct proper investigations of consumer disputes. The ...
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 ...