07-27-2013 11:33 PM - edited 07-27-2013 11:36 PM
Woman was awarded 18.6 million in federal court against Equifax for failing to correct errors on her report. Maybe that will get them motivated to taking complaints seriously.
07-27-2013 11:41 PM
07-28-2013 02:18 AM
Hopefully this will catch the attention of TU and EX. I know the employees try their best and do as must as the system allows, but this just shows that the consumer can beat a giant corporation.
07-28-2013 06:56 AM
I suspect for Equifax its just the cost of doing business as they use e-Oscar as an automated process more than anyone and historically have been awful in fixing errors - to the point that they should be sued constantly. Personally I've locked (credit freeze) my Equifax file with no need to lock the other two. If nothing else, I hope this survives the appeals and sets a legal standard to allow for a flood of suits against Equifax.
Obviously not a fan of Equifax...
07-28-2013 11:14 PM - edited 07-28-2013 11:14 PM
I've been lucky, the only time I've had errors where with TU and they actually fixed it without any trouble on my part. In no way am I applauding theme, but hey.
They had some other guy (same first and last name) confused with me; I remember pulling my report with them and it showed collections and a car repossessed, lol.
Anybody ever watch the 60-minutes episode?
07-29-2013 08:59 PM
I was so excited to see this... Fico included, we need a remodel of credit and scoring!
07-29-2013 10:11 PM
Good! Equifax is a pain. I fought with them for 4 months over an error and despite sending proof multiples times they didn't fix. I ended up doing a BBB complaint and only then did they do the correction.
100% Ficos: EX 762, TU 767, EQ 762 Inquiries last 1 year/6 months: EX-0/0, TU- 0/0, EQ-1/0~ last credit card app 6/24/13- New car loan 3/8/2014
07-30-2013 07:53 AM
Good for her. Obviously EQ is going to appeal, but I suspect more suits would follow anyhow.
I've seen a lot of posts lately (too lazy to link to them, but just use the search function and you will see) where EQ was asking the wrong verification questions on annualcreditreport.
This same thing happened to my cousin not too long ago. I told her to just request it directly from EQ. Well, lo and behold, EQ had no problem verifying her once she coughed up her CC info to PAY for here FREE credit report.
I suspect that this will be the next law suit EQ will be involved in. And most likely it will be a Class Action Suit. Seems the evidence is very clear that EQ is forcing people to have to PAY them for their free credit report because they can't "verify" them on annualcreditreport.
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