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Also, company’s pilot program gives nonprofit lenders access to modern credit scoring while helping them maintain sound lending practices
The CFPB filed a lawsuit against fellow credit-giant Experian two weeks ago alleging the same
The CFPB says the rule will produce 22,000 more mortgages each year, but some disagree with its premise
Equifax faces allegations of monopolizing electronic income and employment verification services.
Seven plaintiffs claim an Equifax glitch hurt their credit scores, and thus their loan applications.
Costs could go up as much as 400% in some cases, according to NCRA.
