Violation Tracker Individual Record

Company: 
Equifax
Current Parent Company: 
Equifax
Penalty: 
$6,300,000
Primary Offense: 
consumer protection violation
Violation Description: 

The Consumer Financial Protection Bureau took action against Equifax, Inc., TransUnion, and their subsidiaries for deceiving consumers about the usefulness and actual cost of credit scores they sold to consumers. The companies were also accused of luring consumers into costly recurring payments for credit-related products with false promises.

Year: 
2017
Agency: 
Consumer Financial Protection Bureau
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Georgia
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
miscellaneous services
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.