Learn what a credit score is, how it's calculated, the different score ranges, and why it matters to get the best rates on ...

How much debt you carry impacts 30% of your credit score. Before we had our mortgage, the two biggest debts I carried were my ...

Equifax, one of the nation’s “big three” credit score reporting agencies, must pay $725,000 as part of a settlement with the state after a coding error ...

Although Experian is the largest credit bureau in the U.S., TransUnion and Equifax are widely considered to be just as ...

Such coding errors in Equifax’s internal software, for example, led the company “to miscalculate and share inaccurate credit scores for several hundred thousand consumers,” according to the CFPB.

The bureau also found that Equifax shared inaccurate credit scores and data about consumers with lenders. Coding errors in Equifax's internal software caused the company to miscalculate and share ...

and of using a flawed internal software code that miscalculated and shared inaccurate credit scores for hundreds of thousands of consumers. Without admitting or denying the findings, Equifax has ...

The enforcement action highlighted what it said were significant lapses in Equifax's processes, which have led to inaccuracies in consumer credit scores and reports. The CFPB said its ...

leading to inaccurate credit scores. In a statement, a spokesperson for Equifax said the settlement "turns the page" on the matter, which it first disclosed in 2022, and that it will continue to ...