Mistakes on your credit report could cost you thousands: How to fix them Data Breach The Equifax data breach came to light back in September 2017 — and consumers are still fuming. Complaints about credit reporting, credit repair services and issues such as errors on individual consumer credit reports made up 43% of all the…
Equifax mixed up: James Rennick was in desperate need of money to help his ailing wife, but an incorrect credit report stood in his way, this lawsuit alleges A mortgage broker said there was a problem with James Rennick’s Equifax and Experian credit reports. That was the start of an ordeal consumer advocates say is…
CFPB: Credit reports were the most-complained-about product in 2018, an analysis of Consumer Financial Protection Bureau database finds. The three major credit bureaus, Equifax, Experian and TransUnion, were the most-complained-about companies last year. Mistakes on their reports can result in consumers paying more for credit or getting turned down for a job or mortgage. Getting…
Credit Bureau Credit Bureau: Equifax made headlines on September 7, 2017, when it announced its discovery of a data breach earlier in the year. In the security incident, computer criminals leveraged a “U.S. website application vulnerability” to view some of the consumer credit reporting agency’s files, access which helped them compromise 143 million U.S. consumers’…
New Study Shows Credit Bureaus dominate Regularly Lead The Complaint List Created in July 2010, the Consumer Financial Protection Bureau (CFPB) has been a welcome advocate for consumers wronged by businesses and financial institutions. In its short lifetime, the agency has fielded 1.5 million consumer complaints, publishing just fewer than 1.2 million of them in…
The Credit Brain
