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A class action lawsuit filed in January 2019 claims Equifax used "admin" as both password and username for a portal with sensitive information.
The deadline to apply is January 22, 2020, and the number on that check could drop significantly from $125 by then. For example, if one million people applied for cash payments, the final payout ...
An Equifax internal audit in 2015 showed that there was a large backlog of vulnerabilities to patch, that Equifax was not following its own timescales on patching them, that IT staff did not have a comprehensive asset inventory, that Equifax did not consider how critical an IT asset was when prioritising patches, and that the patching process worked on an 'Honour system'.
According to a recent report by the Federal Trade Commission, 1 in 20 Americans have meaningful errors on their credit reports that need to be corrected. One major credit reporting bureau just ...
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In September 2017, Block initiated a private lawsuit against Equifax, accusing the latter of neglecting to safeguard his personally identifiable information. [6] He appears in the documentary The China Hustle , outlining his research into securities fraud of Chinese companies through Muddy Waters. [ 7 ]
Key takeaways. Common credit report errors include on-time payments wrongly reported as late or the same debt listed multiple times. If you find errors on your credit report, you can file a ...
It will then be listed as such on the debtor's credit bureau reports (Equifax, for instance, lists "R9" in the "status" column to denote a charge-off.) The item will include relevant dates, and the amount of the bad debt. [ 3 ]