Consumers hit by Equifax credit report glitch urged to act
Hundreds of thousands could have had their scores erroneously shifted by 25 points
Source: mpamag.com
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Equifax Credit Reporting Error Affects 300,000 Consumers, Potentially Resulting in Thousands of Dollars in Unnecessary Interest | Console and Associates, P.C.
Credit reporting giant Equifax recently acknowledged that, due to a technical error, the company misreported the credit scores of as many as 300,000 consumers. For some, this means that...
Source: jdsupra.com
Equifax sent out incorrect credit scores, blames it on "coding issue"
The Wall Street Journal writes that from the middle of March through early April, Equifax sent out inaccurate scores on consumers applying for auto loans, mortgages, and...
Source: techspot.com
Equifax : to Expand Digital Identity and Fraud Capabilities with Acquisition ...
Equifax recently announced a definitive agreement to acquire Midigator LLC, a provider of post-transaction fraud mitigation solutions. Midigator solutions complement the Equifax Kount...
Source: marketscreener.com
Equifax Credit Scores Glitch Still Being Analyzed
Equifax officials continue to work with clients in the mortgage industry and others to address a credit scoring error that affected some lenders and potential borrowers earlier this year. The consumer credit reporting agency notified lenders last month that a coding issue introduced during a technology change to its legacy online model platform may have resulted in the miscalculation of certain credit attributes for about 12% of credit scores.
Source: nationalmortgageprofessional.com