7 Stories

Personal Info Stolen From 15M T-Mobile Customers

Hack apparently did not affect payment card or banking info

(Newser) - Hackers have stolen personal information belonging to about 15 million T-Mobile wireless customers, including Social Security numbers, home addresses, birthdates, and other personal information. The hackers got the information from credit reporting agency Experian, which T-Mobile uses to check the credit of its customers. Experian said T-Mobile customers who applied... More »

Medical Debt Gets a Break in Credit-Report Overhaul

Big 3 agencies agree to revamp system to better address errors, medical bills

(Newser) - Good news for consumers who've had to play the waiting game to pay off medical debt: The three largest credit-reporting agencies in the US are working together to overhaul their systems to take better care of customer issues and the way medical debt is handled, Reuters reports. In a... More »

Study: 1 in 5 Had Error in Their Credit Reports

But few of the errors would change prices consumers pay

(Newser) - One in five consumers had an error in a credit report issued by a major agency, according to a government study released today. The Federal Trade Commission study also said that 5% of the consumers identified errors in their reports that could lead to them paying more for mortgages, auto... More »

Google+ Membership Skyrockets

Traffic up 1,269% after membership opened up

(Newser) - Google+ ditched its invite-only policy last week and was rewarded with a massive surge in traffic—a 1,269% rise, according to Experian Hitwise. The Internet metrics company believes that on the day after the policy changed, Google overtook Twitter to become the third-most popular social media site in the... More »

FTC Takes on 'Free' Credit Report Minstrels

Latest showdown between Feds and credit bureau goes viral

(Newser) - A long-running battle between the Federal Trade Commission and credit bureau Experian has blossomed into a viral video showdown of sorts. Experian runs FreeCreditReport.com—beneficiary of the cheeky slacker music video/ads. The FTC thinks—rightly, in the opinion of many—that the company is intentionally diverting consumers from the... More »

Experian Cuts Access to Credit Scores

Consumers are about to know 33% less about their credit rating

(Newser) - Knowing their credit rating will become one-third harder for consumers as of tomorrow, USA Today reports. Experian, one of the three major companies that calculates credit scores, has canceled its deal with the company that provides the info to consumers, meaning millions will lose access to Experian's version of the... More »

New Credit Scores in Play Today

Fair Isaac Corp. hopes new scores will better predict consumer defaults

(Newser) - New credit scores intended to make identifying bad risks easier make their debut today, with TransUnion taking the lead in offering “FICO 08” metrics, reports the Wall Street Journal. The new formula is more forgiving of one-time lapses than its predecessors, but popularizing it may take years, according to... More »

7 Stories