Understanding What Are the 7 Credit Bureaus & Credit Scores
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Two of the largest credit score companies are being fined a combined $23 million for duping consumers. The Consumer Financial Protection Bureau accuses TransUnion and Equifax of lying to consumers by telling them that the reports they received were the same reports that lenders and businesses received but they were not. The bureau also says the companies baited consumers with free or cheap credit scores to hook consumers into costly monthly credit monitoring subscriptions. http://fxn.ws/2iNcXPd
0:30
Two of the largest credit score companies are being fined a combined $23 million for duping consumers. The Consumer Financial Protection Bureau accuses TransUnion and Equifax of lying to consumers by telling them that the reports they received were the same reports that lenders and businesses received but they were not. The bureau also says the companies baited consumers with free or cheap credit scores to hook consumers into costly monthly credit monitoring subscriptions. http://fxn.ws/2iNcXPd
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