Tag: Equifax

January 6, 2022

The Consumer Financial Protection Bureau slammed the nation’s credit reporting bureaus over their handling of complaints in a report that could serve as a precursor to stricter oversight of the industry. The CFPB said that Equifax, Experian and TransUnion often […]

April 20, 2020

One of the largest consumer credit reporting agencies in the country has agreed to pay $18.2 million and undertake significant injunctive relief following a massive data breach in 2017 that compromised the personal information of nearly three million Massachusetts residents, […]

November 1, 2019

Months after class-action attorneys and regulators unveiled a $700 million dollar settlement with Equifax for a massive data breach affecting 147 million people, new court papers say approximately 3 million consumers have chosen the deal’s free credit monitoring services. The […]

February 1, 2018

Credit reporting service Equifax launched a consumer mobile app yesterday, an app that would allow users to lock credit access via mobile — that is – if it would stop freezing and glitching in the middle of processing such requests. […]

January 29, 2018

Now’s the time to freeze your Equifax EFX, -1.74% credit report. Equifax will freeze your credit report for free, but only until Jan. 31. After that deadline, consumers will have to pay the fee their state charges for a credit […]

October 4, 2017

Equifax’s former CEO, Richard Smith, is likely to face heated questioning from members of the Senate Banking Committee Wednesday as he returns to Capitol Hill for a second day of testimony. He is scheduled to appear in the Banking and, […]

September 21, 2017

More than sloppy cybersecurity measures, the massive data breach uncovered at Equifax revealed inherent flaws in the U.S.: the over-reliance on Social Security numbers credit reporting system in need of reform. The Social Security number is a “chief means” of […]