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The Latest Breaking News from Equifax

What Equifax’s credit score errors mean for consumers

Credit bureau Equifax announced that a computer coding error resulted in the miscalculation of credit scores for consumers in a three-week period between March 17 and April 6, 2022

The Independent UK

Florida woman's lawsuit says Equifax error made loan pricier

A Florida woman has sued Equifax claiming she was denied a car loan because of a 130-point mistake she says was part of a larger group of credit score errors the ratings agency made this spring due to a coding problem

The Independent UK

Benzinga Before The Bell: Robinhood's Cryptocurrency Growth, Moderna's Q2 Earnings, PayPal's New CFO And Other Top Financial Stories Wednesday, August 3

CNBC Celsius Is Looking To Rehire Its CFO Rod Bolger

Benzinga

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Credit card borrowing increased in June at fastest annual rate since 2005

Households deposited around a third of the amount in June that was put into banks, building society and NS&I accounts in May.

The Independent UK

What to know about how medical debt affects your credit rating

Beginning July 1, the three largest credit reporting agencies — Equifax, Experian and TransUnion — are changing the way medical debt affects people’s credit ratings.

The Philadelphia Inquirer

Where Equifax Stands With Analysts

Over the past 3 months, 9 analysts have published their opinion on Equifax (NYSE:EFX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Should You Buy the Dip in Equifax Stock?

The shares of global data analytics company Equifax (EFX) are currently trading 32.5% below their 52-week price high. Despite consistently beating analyst’s revenue and earnings estimates, EFX has underperformed. However, EFX is still trading at a higher valuation than its peers. So, would it be wise to buy the price…

StockNews.com

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Klarna shake-up means missed payments will show on your credit file from today

Klarna will report late payments and unpaid purchases for "pay in 30" and "pay in three" orders made on, or after, June 1 to both Experian and TransUnion

Daily Mirror

If You Invested $1000 In Equifax 10 Years Ago, Here's How Much You Would Have Today

Equifax (NYSE:EFX) has outperformed the market over the past 10 years by 4.13% on an annualized basis producing an average annual return of 16.46%. Currently, Equifax has a market capitalization of $24.79 billion.

Benzinga

How to improve your credit score

Credit ratings are vital when we apply to borrow money –here’s how to make the most of yours

The Guardian - UK

How Credit Scores Can Run—and Ruin—Our Lives

You can have a great credit history and still see your score plummet. How did the rating system become so powerful?

The Walrus

Looking Into Equifax's Return On Capital Employed

According to Benzinga Pro, during Q1, Equifax (NYSE:EFX) earned $222.80 million, a 81.14% increase from the preceding quarter. Equifax also posted a total of $1.36 billion in sales, a 8.78% increase since Q4.

Benzinga

‘Graduates owe nearly twice as much as people who did not attend university’

Young students and graduates have £12,445-worth of non-student debt, while people who did not attend university typically owe £7,105, Equifax said.

The Independent UK

Australia's insolvency drought might end with an unwanted flood

As the pandemic roared in during early 2020, rapid and astonishing shifts were made to prop up an economy sledgehammered by lockdowns, restrictions and fear.

ABC News

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The Guardian - UK

A mysterious stranger has trashed my credit rating

As a result, a credit card provider has reduced my limit by 98%

Benzinga

What 8 Analyst Ratings Have To Say About Equifax

Analysts have provided the following ratings for Equifax (NYSE:EFX) within the last quarter:

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 21, 2022

Benzinga

A Preview Of Equifax's Earnings

Equifax (NYSE:EFX) is set to give its latest quarterly earnings report on Wednesday, 2022-04-20. Here's what investors need to know before the announcement. Analysts estimate that Equifax will report an earnings per share (EPS) of $2.16.

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The Independent UK

Liz Weston: Find Out and Fix What Big Data Says About You

Information about you — things you may have thought were private — is stored in databases operated by consumer reporting agencies

Benzinga

MindBridge, Equifax Canada Partner To Deliver Early Detection Of Synthetic ID Fraud

Equifax Inc's (NYSE:EFX) Equifax Canada and MindBridge have teamed up on an early detection solution for synthetic ID fraud. MindBridge's AI solution gives Equifax end clients access to synthetic identity detection within their credit scoring products. Equifax Canada chose MindBridge to jointly develop a solution to identify unusual activities, allowing clients to understand…

Tribune News Service

Medical debt to come off millions of credit reports

In late March, the three major credit bureaus announced significant changes to how medical debt will affect Americans’ credit scores. On July 1, paid medical collections will disappear from Equifax, Experian and TransUnion credit reports. Previously, these could have remained for up to seven years. Also, unpaid medical collections will…

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For March 30, 2022

Upgrades

Daily Record

Man declared 'missing' says: "I have been here all along, alive and well."

University academic reveals he cannot be found on official records and it's causing an identity crisis

Benzinga

Barclays Cuts Equifax's Price Target By 9%

Equifax Inc's (NYSE:EFX) price target has been lowered to $300 (an upside of 26%) from $330 by Barclays analyst Manav Patnaik. The analyst maintained his Overweight rating on EFX's shares. Patnaik's price target reduction mirrors market de-rating and the recession risk. Meanwhile, the analyst appreciates the diversity of the company's solution sets and tech-powered innovation…

Benzinga

What 6 Analyst Ratings Have To Say About Equifax

Over the past 3 months, 6 analysts have published their opinion on Equifax (NYSE:EFX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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