Equifax, CFPB and credit reports
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
The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing to adequately investigate cons
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.
The Consumer Financial Protection Bureau (CFPB) has fined Equifax Inc. $15 million for failing to properly investigate consumer disputes, leading to inaccurate credit scores and data.
Without admitting or denying the findings, Equifax has agreed to pay a $15 million civil monetary penalty that will be deposited into the CFPB's victims relief fund. A representative for Equifax didn't immediately respond to a request for comment.
The U.S. Consumer Financial Protection Bureau fined Equifax $15 million for insufficiently investigating consumer credit report disputes. Equifax ignored evidence from consumers, reinstated inaccuracies,
Equifax has been fined $15 million by the U.S. Consumer Financial Protection Bureau for failing to investigate consumer disputes thoroughly, leading to inaccurate credit scores. Equifax will pay the penalty and revamp its dispute processes as part of the settlement.
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 CFPB found Equifax ignored consumer documents and evidence submitted with disputes,
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.
Your loan servicer might also call you, and the phone number may look legitimate. But if a caller asks you to take action for debt relief, to pay them money, or to share your personal or financial data, odds are it's a scam. To be safe, you can hang up and call your servicer back on its official phone line.
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