Has the Equifax credit report error affected you? Here's how to find out.
CBSN
Equifax is back in the spotlight after Rep. Maxine Waters asked for the credit reporting agency to be barred from selling credit scores until it explains how it flubbed credit score calculations for millions of Americans.
Equifax last week admitted that it misreported some consumers' credit scores, potentially affecting applications for mortgages, auto loans and credit cards. The company sent out incorrect scores between March 17 and April 6, affecting millions of consumers, the Wall Street Journal reported. Yet Equifax said that less than 300,000 customers had their credit scores change by 25 points or more in either direction.
Waters, a California Democrat who chairs the House Financial Services Committee, wrote to the Consumer Financial Reporting Bureau on Wednesday, asking the CFPB to bar Equifax from distributing consumer credit scores until it can show those scores are accurate.
The U.S. government, in what an attorney says is a "monumental admission," said last year that it caused injury to thousands of people on the Hawaiian island of Oahu when jet fuel from its storage facility leaked into the drinking water system. On Monday, thousands of military family members and locals are headed to trial seeking financial compensation.
An Arizona grand jury indicted 18 people Wednesday in the ongoing investigation into an alleged attempt to use alternate electors after the 2020 presidential election as part of a wider alleged conspiracy to falsely declare then-President Donald Trump the winner, the state's attorney general announced.