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 over 77,
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 for credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes.
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,
Equifax settles with NY Attorney General over inaccurate credit score reporting
New York Attorney General Letitia James has announced a settlement with Equifax Information Services, LLC over inaccuracies in credit scores reported for tens of thousands of New Yorkers. A coding error led to falsely lowered credit scores between March and April 2022,
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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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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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 ...
Equifax (NYSE:EFX) Given New $300.00 Price Target at Jefferies Financial Group
Equifax (NYSE:EFX – Free Report) had its price objective decreased by Jefferies Financial Group from $340.00 to $300.00 in a ...
Democracy in Focus: New York State Court of Appeals Year in Review
Harry Black, staff attorney with the State Democracy Research Initiative, reviews decisions from the the New York Court of ...
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Queens leads NYC in foreclosures despite overall metro area decline in 2024: report
First-time foreclosure filings across the broader New York metro area declined significantly in 2024, according to ...
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New York Employers Must (Again) Provide Reproductive Health Notice of Rights in Employee Handbooks Following Second Circuit Ruling
New York employers are – once again – required to provide employees with notice regarding New York’s reproductive health ...
Long Island federal prosecutor John Durham appointed interim U.S. Attorney for Eastern District
John J. Durham, 48, of Suffolk County, was sworn in to temporarily serve as Long Island’s top federal prosecutor Tuesday, ...