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CFPB's operations were suspended which is likely to provide relief to many financial companies currently facing enforcement ...
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The U.S. Consumer Financial Protection Bureau ordered Equifax to pay $15 million after it “failed to conduct adequate investigations of disputed information in credit reports.” ...
According to an email sent Monday, some people will be receiving another piece of the $700 million Equifax data breach settlement. The initial settlement set aside $425 million for consumers ...
Kate O’Flaherty is a cybersecurity and privacy journalist. Equifax suffered a huge breach in 2017 that exposed information including the social security numbers of 147 million people.
The letters that Equifax sent to consumers also sometimes contained confusing or contradictory statements. In addition, the company allowed previously deleted errors to be put back onto credit reports ...
CFPB said Equifax's flawed systems also failed to prevent previously deleted errors from reappearing on credit reports. The company lacked mechanisms to identify and block information related to ...
The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million for failing to sufficiently investigate consumer disputes of its credit ...
The Consumer Financial Protection Bureau finished last week with notable actions against a captive finance company and a credit bureau with total penalties against the companies approaching $30 ...
Putting previously deleted errors back on credit reports and failing to block identity- theft related information: Equifax did not have systems to detect information that was previously removed ...
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