FRESNO, Calif. (KMJ) — Equifax and TransUnion, 2 of the nation’s 3 biggest credit reporting agencies, have been fined $23.1 million by the Consumer Financial Protection Bureau, for misleading customers.
The feds allege that TransUnion and Equifax lured consumers into expensive recurring payments for credit-related services, using false promises.
$17.6 million of the total will be used restitution.
Aaron Abeytia anchors afternoon newscasts on News/Talk 580 & 105.9 KMJ. Read More…
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