Equifax to Pay $18.6 Million for Inaccurate Information

Equifax has been ordered to pay 18.6 million dollars after failing to correct inaccurate information on a woman’s credit report. Julie Miller, who resides in the state of Oregon, had spent two years trying to repair her credit report which had information from another consumer on it. Between 2009 and 2011, Miller contacted Equifax eight […]

How Accurate are Credit Reports?

60 MinutesSunday night 60 minutes aired a very shocking story relating to consumer credit reports. The segment, “40 Million Mistakes: Is your credit report accurate?” found that errors were a prevalent problem in consumer credit reports. According to a government study mentioned in the segment, 40 million consumers in the United States have an error […]