Tag: Equifax

Media just becoming aware that Georgia Representative is seeking to gut the Fair Credit Reporting Act to protect Equifax

September 27, 2017 by

Many articles are now appearing pointing out that Georgia Representative Loudermilk proposed a bill to gut the regulations applicable to Equifax (which is headquartered in Georgia) just before the data breach became public. Here are links to the articles:

L.A. Times says Equifax forced arbitration clause is not the outrage, it is all the others

September 26, 2017 by

David Lazarus, a business reporter for the L.A. Times, wrote an article stating that consumers are just now becoming aware of the forced arbitration issue because of the Equifax attempt to force consumers whose data had been stolen to waive their right to bring cases in court by inserting a forced arbitration clause in the

American Banker Magazine says that Equifax data breach may doom GOP efforts to stop CFPB from banning class action waivers

September 13, 2017 by

An interesting article in the American Banker Magazine says that the hoopla surrounding the Equifax data breach, including Equifax’s efforts to force consumers into arbitration after the data breach, may mean doom for GOP efforts to reverse the rule adopted by the CFPB that bans forced arbitration and class action waivers.