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Personal loans remain the dominant Fintech product, accounting for 96% of the total disbursement volume: Equifax and FACE

The highest number of personal loans are disbursed in less than ₹5,000 ticket size. Digital loan d…

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Your Equifax settlement payment won't be $125 because too many people wanted the money

People have been getting payments as low as $5.21 because of the sheer number of people who filed c…

Rebecca Cohen   


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Buy now, pay later loans like Affirm and Klarna will soon count toward your credit score

If you don't make regular payments on Afterpay or PayPal loans, your credit score from firms like T…

Jason Lalljee   


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Your credit score could go up — 3 major firms won't count most medical debt in credit reports anymore, WSJ says

Equifax, Experian, and TransUnion announced they will wipe out nearly 70% of medical debt from cred…

Ayelet Sheffey   


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1 min read

Equifax said it fired employees for working as many as 3 jobs at once in an internal operation known as 'Project Home Alone'

One employee answered a call from Equifax HR from the hospital, where he was working his second job…

Lakshmi Varanasi   


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Equifax reportedly gave millions of faulty credit scores, and some led to higher rates and denied loan applications

Equifax provided lenders incorrect credit scores for millions of Americans seeking auto loans, mort…

Tim Levin   


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3 mins read

Equifax fired at least two dozen employees after it used its own tool to suss out if workers had a second job

Equifax fired at least 24 workers for having a second job, and it figured that out by using one of …

Dan DeFrancesco   


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Equifax embraces the public cloud

The top finance stories for August 12, including the latest news on Equifax's move to the public cl…

Dan DeFrancesco   


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Innovation Inc: Equifax's transition to Google Cloud

Following its 2017 data breach, the company has already decommissioned 10 physical data centers and…

Joe Williams   


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A Tesla solar panel customer accused the company of a 'bait and switch' tactic that hurt his credit score with a loan he never applied for

Olivier Chaine signed an agreement to buy electricity from Tesla's solar panels installed on his ro…

Graham Rapier   


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3 mins read

How to check and fix your credit if you've seen it drop since federal student loans went into forbearance

Some borrowers with student loans serviced by Great Lakes saw their credit scores drop after paymen…

Liz Knueven   


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1 min read

Sundaram Finance to sell entire 10 pc stake in Equifax Credit lnformation

New Delhi, Jan 16 () Non Banking Finance Company Sundaram Finance Ltd on Thursday said it will sell…

PTI   


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If Equifax owes you $125, you're going to need to answer this email first

After a class-action lawsuit, Equifax agreed to pay victims of the data breach $125 each if they fi…

Rebecca Aydin   


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4 mins read

The Equifax hack proved China is trying to steal your stuff - and America's political dysfunction is letting them take it

China doesn't just use its military to steal trade secrets. It also uses it to steal anything that …

Linette Lopez   


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Equifax is giving at least $125 to 147 million Americans - here's how to claim your money

It stinks, no doubt, but here's some good news: A class-action suit was filed on behalf of all 147 …

Ben Gilbert   


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Traders refuse to let Equifax off the hook

In other words, there's now a disproportionate number of Equifax shareholders holding the stock sho…

Joe Ciolli   


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The Feds are looking into some suspicious Equifax trades

The report said that Equifax's chief financial officer, John Gamble; president of US information so…

Joe Ciolli   


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The FTC says it's investigating the Equifax hack

Equifax last week reported a massive data breach, saying hackers may have accessed the personal det…

Elena Holodny   


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US says China's military was behind 2017 Equifax hack that left personal information of 145 million Americans exposed

The Department of Justice indicted four members of China's military with hacking into the credit-re…

Aaron Holmes