Equifax Faces Class Action Lawsuit After Credit-Score Glitch

Aug 4, 2022, 2:35 PM

Equifax Inc., the second-biggest global credit bureau, was hit with a proposed class-action lawsuit after a report that it provided inaccurate credit scores on millions of US consumers looking for loans.

The suit, filed Wednesday in federal court in Atlanta, alleges violations of the Fair Credit Reporting Act. It seeks financial damages and a court order requiring Equifax to notify all customers who were impacted by the score-reporting glitch, which the Wall Street Journal reported Aug. 2.

“We believe that many of the people impacted — some of whom may still be unaware of what happened — suffered severe …

Eric Larson

Bloomberg News

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