Ripoff Alert: Credit Score Companies Fined for Duping Customers

Ripoff Alert: Credit Score Companies Fined for Duping Customers

- in Money
1666
Comments Off on Ripoff Alert: Credit Score Companies Fined for Duping Customers

Turns out those pricey scores aren’t actually that useful.

If you’ve paid for a credit score from Equifax or TransUnion at any point in the last few years, you probably got overcharged.

Equifax and TransUnion on Tuesday agreed to shell out $23 million to settle claims that the companies duped consumers into paying big bucks for credit score subscription services that turned out to be less valuable than described. Equifax and TransUnion are two of the three biggest credit reporting agencies in the country, right behind Experian.

Read more: http://time.com/money/4621256/cfpb-fines-credit-reporting-agencies/?xid=homepage

You may also like

Advisor Spotlight: Mark Medeiros, Warwick, Rhode Island

This Advisor Spotlight interview features Mark Medeiros in