Back in May 2022, Equifax reported that their systems had experienced a glitch from mid-March through early April. It has been reported that during this time, Equifax sent inaccurate scores on individuals applying for credit cards, mortgages, and auto loans to lenders across the country—including banks like Wells Fargo & Co., JPMorgan Chase & Co., and Ally Financial Inc. According to the report, the scores sent were at times off by 20 points or more in either direction. The variations in the scores were enough to drastically alter the interest rates consumers were offered for their loans—in some cases, resulting in applications being rejected altogether. If you believe the 2022 Equifax glitch affected your credit score, our attorneys may be able to help you.
To learn more information about the Equifax glitch and if your credit score was involved, please complete our free, no-obligation case evaluation form today to speak with one of our attorneys.