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deceptive practices

TransUnion, Equifax Fined by CFPB for Deceiving Consumers

Credit reporting agencies TransUnion and Equifax were fined by the Consumer Financial Protection Bureau today for deceiving consumers about the usefulness and actual cost of credit scores they sold. The CFPB felt these credit reporting agencies were encouraging consumers to sign up for expensive recurring payments under false claims. The CFPB originally launched a TransUnion

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