Attorney General James Secures $725,000 from Equifax for Harming Consumers Through Inaccurate Credit Scores
January 14, 2025
January 14, 2025
ALBANY, New York, Jan. 14 -- New York Attorney General Letitia James issued the following news release:
New York Attorney General Letitia James today announced a settlement with Equifax Information Services, LLC (Equifax) for inaccurately reporting tens of thousands of New Yorkers' credit scores to lenders, inflating costs for loans and other products between March and April 2022. Due to a coding error, Equifax falsely lowered consumers' credit scores, leading lenders and . . .
New York Attorney General Letitia James today announced a settlement with Equifax Information Services, LLC (Equifax) for inaccurately reporting tens of thousands of New Yorkers' credit scores to lenders, inflating costs for loans and other products between March and April 2022. Due to a coding error, Equifax falsely lowered consumers' credit scores, leading lenders and . . .