Equifax Agrees to $100 Million Settlement Over Credit Score Error: Are You Eligible for a Payment?
About 4 million people could be eligible for payments after a coding error allegedly caused Equifax to send inaccurate credit scores to lenders.
About 4 million people could be eligible for payments after a coding error allegedly caused Equifax to send inaccurate credit scores to lenders.
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Why it matters
The $100 million Equifax settlement over credit score errors affects millions of consumers and highlights risks in credit reporting accuracy, but it is primarily a legal and reputational matter rather than a structural credit-market event.
Sources
Kiplinger
Equifax Agrees to $100 Million Settlement Over Credit Score Error: Are You Eligible for a Payment?
About 4 million people could be eligible for payments after a coding error allegedly caused Equifax to send inaccurate credit scores to lenders.