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Statement: Equifax must be held accountable for mishandling consumer data yet again

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Statement: Equifax must be held accountable for mishandling consumer data yet again

According to the Wall Street Journal, Equifax sent to lenders millions of incorrect credit scores for consumers applying for auto loans, mortgages and credit cards. The Journal reports that the scores, sent during a three-week period from mid-March through early April, were sometimes off by 20 points or more in either direction. The Journal says Equifax called the error a “technology coding issue.” We’re calling on regulators to investigate Equifax to get to the bottom of this.

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