One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and ...

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

Even small mistakes can negatively impact your credit score; here are some of the most common credit report errors and how ...

The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing ...

Experts emphasize the importance of maintaining a good credit score as it could affect loans, credit cards and living ...

This will cause an inquiry to appear on your TransUnion report (not your Equifax or Experian reports) and may result in a temporary decrease in your credit score. The drop in your credit score is ...

Equifax agreed to resolve allegations that it failed to conduct proper investigations of consumer disputes, ignored evidence ...

Generally, with corporate credit cards, your personal credit score won't be affected. This is because most corporate cards ...

The bureau said Equifax ignored consumer documents and evidence submitted alongside disputes, allowed previously flagged inaccuracies to return to credit reports, and relied on flawed software code, ...

The credit bureaus use their own proprietary algorithms and calculate their own credit scores. Equifax uses the Equifax Risk Score, while TransUnion uses the CreditVision Scoring Model.

But according to Beverly Anderson, president of global consumer solutions at Equifax (one of the three ... It also has implications for your credit score: Lenders and creditors generally prefer ...