18.6 Million Dollars Awarded For Mistakes in Credit Report
Mistakes in Credit Report Can Be Costly It was reported by the Associated Press on that a federal court in Oregon found in favor of a woman who sued Equifax Information Services. The plaintiff had been seeking to have Equifax correct mistakes in her credit report. The award included $18.4 million dollars for punitive damages. Mistakes in credit reports can be costly to reporting agencies. An appeal is likely to be pursued The plaintiff, Julie Miller, had contacted Equifax eight times trying to fix the mistakes being reported that reflected negatively on her credit history. Ms. Miller alleged that the mistakes [...]
