Equifax Credit Score Misreporting Investigation
Did Equifax incorrectly report your credit score between March 17 and April 6, 2022?
Girard Sharp on August 10, 2022 filed a class action complaint against Equifax, Inc. following reports that consumers were denied loans or issued loans at a higher rate after a glitch in Equifax's system caused the company to issue millions of inaccurate credit reports.
If Equifax misreported your credit score between March 17 and April 6 and you were subsequently denied a loan or issued a loan at a high interest rate, you may have a claim for relief.
Protect your rights by speaking with an attorney about your experience. Call us toll-free at (866) 981-4800 or submit your information below:
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More About the Equifax Credit Score Misreporting Investigation
Equifax is a national consumer reporting agency that assembles and evaluates credit, public record, and other consumer information into consumer reports or “credit reports.” According to recent reports, Equifax confirmed on August 2, 2022 that due to a “glitch” in its technology, the company provided inaccurate credit scores to prospective lenders to consumers who applied for credit in the spring of 2022.
As reported on CNN, the errors were significant enough to have caused around 300,000 would-be borrowers to be wrongfully denied credit or issued loans at a higher rate. The company has not specified exactly how many consumers were affected, but a June 1 alert from housing agency Freddie Mac to its clients said Equifax told the agency that about 12% of all credit scores released from March 17 to April 6 may have been inaccurate.
If you were denied a loan or are paying higher interest rates because your credit score was inaccurately reported by Equifax in the spring of 2022, speak to an attorney about your rights. Call us toll-free at (866) 981-4800 or fill out the form above for more information.
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For a free consultation about your potential claim, contact one of our consumer protection lawyers at (866) 981-4800 or fill out the form above.