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They were selling credit scores to consumers and claimed they were the same scores lenders used for making credit decisions. They weren't. They also deceptively
by neuronexmachina 9y ago
They were selling credit scores to consumers and claimed they were the same scores lenders used for making credit decisions. They weren't. They also deceptively enrolled consumers in costly subscriptions, e.g. "It costs only $1" but then in the small print costs $16/month after the trial period.
https://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-transunion-and-equifax-pay-deceiving-consumers-marketing-credit-scores-and-credit-products/ https://www.consumerfinance.gov/about-us/newsroom/cfpb-order...