Page 5 - Mark Begor News Today

Equifax, who blamed the credit score blunder on a coding issue is facing a class-action lawsuit, filed in US District Court in North Georgia by law firm Morgan and Morgan.

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Equifax this spring sent out incorrect credit scores for millions of customers applying for home and auto loans, the Wall Street Journal reported on Tuesday.

The agency sent inaccurate scores that hurt consumers abilities to get loans putting the glitch down to a "coding issue."

Equifax, one of Americas top credit rating companies that reports on more than 200 million consumers, sent inaccurate scores which affected their loans and credit cards.

(CNN) — Credit giant Equifax sent lenders incorrect credit scores for millions of consumers this spring, in a technology snafu with major real-world impact. In certain cases the errors were significant enough — the differential was at least 25 points for around 300,000 consumers — that some would-be borrowers may have been wrongfully denied credit, […]

Equifax is blaming a coding issue for issuing wrong credit scores. Equifax says the scores were off by at least 25 points for around 300,000 consumers.

Credit giant Equifax sent lenders incorrect credit scores for millions of U.S. consumers this spring, in a technology snafu with major real-world impact.

Equifax is blaming a coding issue for issuing wrong credit scores. Equifax says the scores were off by at least 25 points for around 300,000 consumers.

WASHINGTON (dpa-AFX) - Credit giant Equifax (EFX) sent many lenders incorrect credit scores for millions of consumers this spring, in what is being termed as a technology snag with major real-world