CFPB fines TransUnion and Equifax for deceiving consumers with their marketing

The Consumer Financial Protection Bureau revealed in a press release on Tuesday that it is not only fining TransUnion but Equifax as well for deceiving consumers in marketing credit scores and credit products.

Chicago-based TransUnion and Atlanta-based Equifax are two of the nation’s three largest credit reporting agencies. The other top credit reporting agency is Experian.

Read on.

Advertisements

One response to “CFPB fines TransUnion and Equifax for deceiving consumers with their marketing

  1. Reblogged this on California Freelance Paralegal and commented:
    It is always good news when a government agency goes after the big banks and other large corporations instead of small business owners.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s