transunion and equifax misled customers about credit scores, government says /

Published at 2017-01-04 17:24:13

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modern YORK (CNNMoney) — Two of the biggest credit bureaus misled hundreds of thousands of people about the price and usefulness of the credit scores they sell,the government’s consumer watchdog agency says. The Consumer Financial Protection Bureau ordered TransUnion and Equifax to pay a total of $17.6 million in restitution to customers and $5.5 million in fines. The companies offered credit scores for free or $1, then enrolled customers automatically in monthly paid subscriptions without clearly disclosing them, or the […]

Source: fox40.com