An Equifax glitch has left thousands of consumers unsettled and worried about how the error could affect their credit scores and reports. If you bought a house or a car this spring, here’s what you need to know.
Close-up of the upper corner of a consumer credit report from the credit bureau Equifax, with text reading Credit File and Personal Identification. .An Equifax glitch has left thousands of consumers unsettled and worried about how the error could affect their credit scores and reports. A coding issue caused the credit reporting agency to misquote credit worthiness for a small percentage of consumers.
Al Bingham, a loan officer at Momentum Loans in Salt Lake City, Utah, tells FOX Television Stations that consumers must find out if they took out any loans between March 17 and April 6. "This is a good opportunity to be aware of your credit score when you go out into the marketplace and you’re borrowing and you should be aware of what’s showing up on your credit. It’s good to pull a credit report to see what’s on there. If you haven’t done it in a while you should do it now just to see if there are any errors that are pulling your credit score down or anything you need to address immediately. You can do that by going to annualcreditreport.
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