Lenders soon won't be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers ...
A groundbreaking regulation by the Consumer Financial Protection Bureau (CFPB) is set to transform the credit landscape in ...
The average increase in mortgages tops £1,000 after the Chancellor’s Budget last year, according to the latest figures.
Now appearing on 15 million Americans credit report is $49 billion in medical debt. But that’s set to change. Soon, medical debt will no longer appear on a credit report. That’s thanks to a new ...
Based on a representative study conducted by Experian®, members who made their first purchase with Credit Builder between June 2022 and October 2022 observed an average FICO® Score 8 increase of ...
While advocates argue the change will provide great financial relief to millions struggling with high health care costs, critics contend it could harm financial systems and incentivize delinquency.
Equifax, one of the nation’s “big three” credit score reporting agencies, must pay $725,000 as part of a settlement with the state after a coding error ...
The bureau also found that Equifax shared inaccurate credit scores and data about consumers with lenders. Coding errors in Equifax's internal software caused the company to miscalculate and share ...
ROCHESTER, N.Y. — The New York Attorney General announced a settlement with Equifax over inaccuracies in credit scores for New Yorkers. This issue affected about 77,000 residents due to a coding ...
Yes, they’re 230 digits apart, but they’re also examples of bad and good credit scores, respectively ... Experian and Equifax) are required by law to provide you with one free credit report ...
leading to inaccurate credit scores. In a statement, a spokesperson for Equifax said the settlement "turns the page" on the matter, which it first disclosed in 2022, and that it will continue to ...
The Consumer Financial Protection Bureau fined Equifax $15 million over credit ... software code which led to inaccurate consumer credit scores," according to the CFPB's order.