The nation's top three credit bureaus are facing a growing number of lawsuits filed by consumers who claim that the bureaus -- Equifax, TransUnion and Experian -- are engaging in a practice that artificially lowers their credit scores, and that they are ignoring pleas to remove inaccurate information from the reports. Fears about identity theft are making consumers more vigilant about spotting errors, and some plaintiffs lawyers say corrections come only after a lawsuit is filed.
Consumer Lawsuits Against Credit Bureaus Are Multiplying
The National Law Journal
August 16, 2006