On August 7, the U.S. Court of Appeals for the Seventh Circuit affirmed a lower court’s decision in favor of a credit reporting agency (the defendant), finding it did not report inaccurate credit ...

"This case was easy to predict. If a credit agency reports a consumer as dead, it only makes sense for them to be held accountable," said Daniel Zemel, an attorney based in Paterson, New Jersey, on ...

If you’ve ever heard the phrase “We need to check your credit,” your next question may be “What are the three credit reporting agencies?” The agencies are Equifax, Experian and TransUnion. These are ...

CHICAGO — Hackers accessed personal information of 4.4 million Americans in a cyber incident affecting credit reporting agency TransUnion, the company revealed in regulatory filings. The breach ...

A credit reporting agency is a company that compiles information about your borrowing history into a credit report. Also called credit bureaus, credit reporting agencies primarily sell reports to ...

In the rapidly evolving financial ecosystem, financial institutions (FIs) increasingly rely on third parties, including Fintech companies, Banking-as-a-Service (BaaS) providers, and other financial ...

Amidst the growing interest among policymakers to protect patients from medical debt and its negative downstream effects, in April 2023, the three credit reporting agencies (CRAs)—Equifax, Experian, ...

American Honda Finance has been asked to pay $12.8 million for allegedly reporting that certain borrowers were delinquent when they should have been reported as current. Honda Finance deferred certain ...

The agency has announced it is opening a supplemental claim process to help third-party payers and their clients resolve incorrect claims related to the Employee Retention Credit. Third-party payers, ...