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Consumer Lawsuits Against Credit Bureaus Are Multiplying

The National Law Journal

August 16, 2006

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.

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