Tag Archives: Credit Report

Two Major Credit Reporting Agencies Have Been Lying to Consumers

Credit Score

In personal finance, practically everything can turn on one’s credit rating. It’s both a measure of one’s financial past and the key to getting access to necessities—without major costs—in the future. But on Tuesday, the Consumer Financial Protection Bureau introduced that two of the three principal credit-reporting corporations liable for dishing out the scores—Equifax and Transunion—have been misleading and taking advantage of Americans. The Bureau ordered the organizations to pay more than $23 million in fines and […]

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