(Chris Blakeley)

Credit Bureaus Agree To Revamp Practices For Handling Errors, Unpaid Medical Bills

Experian, Equifax and TransUnion – the three largest companies to collect and disseminate credit information for millions of Americans – must undergo an overhaul of credit reporting practices as part of an agreement with the New York Attorney General’s Office. [More]

Man Named God Suing Equifax For Refusing To Believe He (And His Financial History) Exists

Man Named God Suing Equifax For Refusing To Believe He (And His Financial History) Exists

As if it’s not hard enough to go through life explaining why you share a name with a divine entity, a man called God is now suing credit-reporting agency Equifax claiming it refused to accept his name as a legitimate moniker. Basically, he’s trying to prove he exists. And along with that, of course, his credit history is also a real thing. [More]


Dear Equifax And Heartland Bank, I Am Not Dead

A 46-year-old woman near St. Louis would like to to refinance her mortgage and maybe get some new credit cards. She can’t, though. As far as her bank and the credit bureau Equifax are concerned, she’s dead. [More]


Data Miners Collect More Of Your Information Every Day; Good Luck Finding Out What They Know

Every time you use the internet, you leave a huge trail of information in your wake–and it’s not just your browser history full of cat videos.  Companies called data brokers are constantly collecting a thousand little nuggets of information behind you, adding them up into a profile of you, and selling the profiles for lots of money.  Data brokers still move in mysterious ways, leaving unanswered questions: how are they getting their data?  Who’s buying it?  And, perhaps most importantly: can you, the consumer, do anything about it? [More]

How To Not Suck… At Disputing Credit Report Errors

How To Not Suck… At Disputing Credit Report Errors

Like it or hate it, your credit report and credit score have lots of power. These may determine whether or not you’re approved for a mortgage, car loan, or other borrowing, and will determine the interest rates on your credit cards. This information is often even used when you’re evaluated for an apartment, insurance or a job, or try to get a bank account. That’s why it’s incredibly important to check your credit report for errors, as mistakes on your report can haunt every part of your financial life for years. [More]

Man Tries To Buy House, Finds Out He’s Dead & Married To A Woman He Never Met

Man Tries To Buy House, Finds Out He’s Dead & Married To A Woman He Never Met

We always recommend that you take advantage of your right to check your three credit reports once a year just because you never know what you might find. Like the California man who learned from Equifax that he’s been dead for a few years and also that he had a widow living 20 miles away. [More]


Companies That Furnish Info For Credit Reports Are Obligated To Investigate Disputes

More than 1-in-4 credit reports contain some sort of error, according to a recent Federal Trade Commission report, but one can’t lay all the blame at the feet of the three major credit bureaus — Experian, TransUnion, Equifax — as the companies that supply this information are not always fulfilling their legal obligation to investigate disputes by consumers. [More]

(Alec Peden)

Jury Awards Woman $18.6 Million In Battle With Equifax Over Credit Report Errors

There’s major consumer victory news from Oregon: a woman who discovered huge errors in her Equifax credit report and couldn’t get them fixed was awarded a total of $18.6 million in damages. She contacted Equifax eight times about the errors between 2009 and 2011, but they remained on her report. [More]

Worst Company In America Round 1: Ticketmaster Vs. Equifax

Worst Company In America Round 1: Ticketmaster Vs. Equifax

It’s another glorious day of carnage in the WCIA mosh pit, as a perennial Golden Poo also-ran takes on an unseasoned newbie in a battle to the last breath. [More]

(Alec Peden)

Bill Would Allow Consumers To Get Free Credit Score When Receiving Free Credit Reports

Right now, U.S. consumers can check each of their three credit reports — from TransUnion, Equifax, and Experian — once a year for free through AnnualCreditReport.com, but getting your actual credit score will probably cost you. Legislation introduced today seeks to remedy this issue. [More]

Knowing your accurate FICO score might be sweeter than chocolates.

This Valentine’s Day, Tell Congress You’d Really Love Access To A Free, Reliable Credit Score

While the three major credit bureaus each allow you to access your credit report once a year at no charge through annualcreditreport.com, getting your actual credit score will likely cost you some money. [More]

(Alec Peden)

Study: Errors Found In As Many As 26% Of Consumers’ Credit Reports

You should really check your credit reports at least once a year. If you don’t believe us, you should check out the results of the Federal Trade Commission’s latest study, which shows just how rife with errors the reports from Experian, Equifax, and TransUnion can be. [More]


Mortgage Lenders Have Easy, Ongoing Access To Your Info In Equifax’s Scary-Huge Database

Much of the controversy surrounding The Work Number, Equifax’s employment-verification database that contains sensitive information on salaries for around 1/3 of the U.S. workforce, has dealt with debt collectors’ access to the data. But lenders can get at your reports just by claiming they have your permission. [More]

Not many people know about The Work Number, but its database covers employees at 90% of federal agencies.

Lawmakers Call On Equifax To Prove That Scary-Huge Employment-Info Database Is Legal

Following recent reports on The Work Number, a mammoth employment-verification database operated by credit reporting agency Equifax, a group of seven U.S. Congresspersons have written the company’s CEO asking for more information about the legality of the service. [More]

Not many people know about The Work Number, but its database covers employees at 90% of federal agencies.

Is Equifax Actually Selling Your Salary Info?

Equifax also operates an employment verification database that contains sensitive employment information for more than 1/3 of all employed Americans. Aside from being a huge pinata just waiting for a hacker’s swing, it’s unclear exactly what info is being sold to third parties. [More]


Who Is Responsible When Your Credit Report Flags You As A Possible Terrorist?

We’ve told you before about consumers who ended up being denied for loans and facing public embarrassment because their credit report included a note that the person might be a terrorist or an international drug trafficker. But no one seems to want to take the blame for when this kind of mistake happens. [More]

(CBS Sacramento)

Chase Damages Woman’s Credit Report With $16,159 Error, Doesn’t Really Care

Imagine waking up one day and finding out that you can’t get a credit card because someone at the bank screwed up and told the credit reporting agencies that you owed more than $16,000 to Chase. You’d think that this could be easily resolved — but apparently not without getting the local news involved. [More]


CFPB: Credit-Reporting Firms Often Ignore Consumers’ Evidence In Report Disputes

If you’re included in the one in five consumers who obtain an annual credit report, perhaps you’ve noticed an error in your report and have tried to get that fixed. But the Consumer Financial Protection Bureau says that could be an exercise in futility, as the three major credit-reporting firms might not be paying attention to any information you submit to make your case. [More]