Equifax Sued , After Issuing Millions , of Incorrect Credit Scores.<br />CBS reports that Equifax faces a potential <br />class-action lawsuit over incorrect credit scores <br />issued this spring for millions of people.<br />Equifax, which provides financial information and <br />scores for consumers, affects whether or not people <br />are approved for mortgages, credit cards and car loans. .<br />A lawsuit seeking class-action status <br />was filed against the company on August 3 <br />in the Northern District of Georgia, Florida.<br />According to Equifax, a coding error <br />at the company affected customers' <br />scores for as long as three weeks.<br />Equifax claims that very few people <br />were impacted by the error.<br />This issue, which was in place <br />over a period of a few weeks <br />between March 17 and April 6, <br />was fixed on April 6, Equifax statement, via CBS.<br />While the score may have shifted, <br />a score shift does not necessarily mean <br />that a consumer's credit decision <br />was negatively impacted, Equifax statement, via CBS.<br />In 2017, Equifax was implicated in a data breach <br />that exposed sensitive information belonging<br />to almost 150 million Americans. .<br />In 2017, Equifax was implicated in a data breach <br />that exposed sensitive information belonging<br />to almost 150 million Americans. .<br />As a result, Equifax paid <br />$700 million in fines <br />and restitution. .<br />Similarly, the recent coding error lawsuit demands <br />that Equifax repay defendants' additional costs <br />brought on by incorrect credit scores.<br />The suit also seeks for Equifax <br />to compensate defendants <br />for emotional damage
