Equifax Inc., the second-biggest global credit bureau, was hit with a proposed class-action lawsuit after a report that it provided inaccurate credit scores on millions of U.S. consumers looking for loans, Bloomberg News reported. The suit, filed on Wednesday in federal court in Atlanta, alleges violations of the Fair Credit Reporting Act. It seeks financial damages and a court order requiring Equifax to notify all customers who were impacted by the score-reporting glitch, which the Wall Street Journal reported on Aug. 2. Erroneous scores were sent from mid-March through early April, and disclosures of the errors began in May, the Wall Street Journal reported. Equifax blamed a computer error that has since been rectified. Equifax, in a statement Thursday, said the three-week “technology coding issue” was fixed on April 6. The company said its analysis showed that during that period there was “no shift in the majority of scores” for consumers seeking credit.
