The company also reported the same credit accounts multiple times for more than 50,000 consumers. The CFPB claims Equifax also provided confusing and conflicting letters to consumers about the results ...

The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing to adequately investigate consumer disputes regarding credit reports.

Equifax was heavily fined by the Consumer Financial Protection Bureau for not adequately investigating consumer credit report ...

The Consumer Financial Protection Bureau (CFPB) announced on Jan. 17, 2025, that Equifax, one of the three major credit bureaus, must pay a $15 million penalty for not conducting thorough ...

Equifax was fined $15 million after the government ... The CFPB filed a lawsuit in early January asserting similar claims against Experian, saying the firm used faulty intake procedures for ...

The Consumer Financial Protection Bureau has done a lot to protect consumers, including retirees, since its inception nearly ...

Many consumer protections are in limbo, including an $8 cap on credit-card late fees and a proposed rule on selling customer ...

On January 17, CFPB fined Equifax for failing to use documents and evidence that consumers provided with a dispute claim, which would have removed inaccuracies from a consumer’s credit report.

Watchdog agency alleges failure to conduct ‘proper’ investigations of consumer disputes The CFPB claims in its order that Equifax: Failed in many instances to review all relevant documents submitted ...

According to the Federal Trade Commission, once someone has your personal information, they can open new accounts in your name, steal your tax refund, and even file fake health insurance claims.