Equifax is blaming a coding issue for issuing wrong credit scores. Equifax says the scores were off by at least 25 points for around 300,000 consumers.
According to CNN, wrong credit scores were issued to millions of consumers when Equifax was migrating its servers to a new cloud system. Equifax says the scores were off by at least 25 points for around 300,000 consumers.
"For those consumers that did experience a score shift, initial analysis indicates that only a small number of them may have received a different credit decision," Equifax said in a statement."We can confirm that the issue has been fixed and that we’ve been working closely with our customers on analysis to best meet the needs of consumers," Equifax said.
The disclosure comes days after Equifax CEO Mark Begor was given a $25 million retention bonus package, according to CNN. The company's board reported said it believes Boger is"uniquely qualified" to lead Equifax.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
25 Old Navy New Arrivals That Will Get You Excited for Fall FashionShop the best new arrivals for women from Old Navy — they all just dropped for August!
Leer más »
Mitch McConnell and 25 Senate Republicans Support Pelosi’s Taiwan TripChinese Foreign Ministry spokesperson threatened “forceful measures” and even President Joe Biden said it was “not a good idea.”
Leer más »
With Domestic Fares Down 25% Since Spring, Now's the Time to Book Flights for Fall Trips, Travel App Study FindsDomestic airfares booked now for fall travel are 25% cheaper than they were earlier in 2022, Hopper says, with average fare possibly dropping as low as $289 roundtrip — with good deals to be had from most major U.S. air hubs if booked by early September
Leer más »
Man caught on camera punching, kicking and chocking his dog was sentenced to 25 years in prisonFrank Javier Fonseca, 56, was sentenced last month to 25 years in prison in the 226th...
Leer más »