These false credit scores resulted in some people getting higher interest rates and others being denied.
In a press release
, Equifax claimed the bad information only resulted in a “small number” receiving a different credit decision. “Our data shows that less than 300,000 consumers experienced a score shift of 25 points or more. While the score may have shifted, a score shift does not necessarily mean that a consumer’s credit decision was negatively impacted. We are collaborating with our customers to determine the actual impact to consumers,” the company said.In 2017 Equifax was hacked, resulting in the leak of sensitive data for close to 150 million Americans.
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