New York Consumer Law Blog

A separate “mixed file” case against Equifax went to trial in 2013 and ended with a $18.6 million jury award. The sum was reduced to $1.62 million in damages and $300,000 in legal fees during post-trial proceedings.

During that trial, an expert for Equifax testified mixed files could happen in 1% to 2% of all credit files.
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Wonder how a late payment affects consumers differently?  See a sample comparison by FICO.

https://www.cnbc.
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A new credit score will soon factor in consumers’ rent payments and professional licenses to help them get approved for loans.

https://www.wsj.
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When you shop at retailers in-store or online, chances are you’ve been asked at checkout if you want to apply for a store card. They frequently come with tempting offers — sign up and get a huge discount on your purchase — but there are several drawbacks to consider before you apply.

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Have you ever found yourself fuming at the credit bureaus? You have plenty of company.

https://www.
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James Rennick was in desperate need of money to help his ailing wife, but an incorrect credit report stood in his way, this lawsuit alleges

https://www.marketwatch.com/story/this-woman-says-equifax-mixed-up-her-fathers-credit-report-and-destroyed-his-life-now-she-hopes-to-convince-a-jury-2019-10-25

Starting October 31, many members of the military will have access to a free tool to help spot identity theft. 

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Reed & Van Hollen Introduce the Consumer Credit Control Act

WASHINGTON, DC – In an effort to empower consumers and put Americans in control of their personal information and credit reports, U.S. Senators Jack Reed (D-RI) and Chris Van Hollen (D-MD) today introduced the Consumer Credit Control Act.
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Hackers look for open doors. If your personal data isn't protected, it's that much easier to compromise your identity.

https://bigthink.com/videos/data-breach

A trade association representing credit bureaus Equifax, Experian and TransUnion has sued New Jersey to block a new law that requires them to make credit reports available in Spanish and 10 other languages.

https://www.
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https://www.cnn.
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