Equifax Archives - Northwest Public Broadcasting

Citing Inequalities, Washington Official Wants To End Use Of Credit Scores For Setting Insurance Rates

By Austin Jenkins February 12, 2021

How much you pay for auto, home and renters insurance depends a lot on your credit score. If your credit is good, you tend to pay less. If it’s not so good, you likely pay more. Now, Washington Insurance Commissioner Mike Kreidler wants to ban the use of credit-based insurance scoring to set rates. He says it’s a matter of racial justice. Read More

Chinese Hackers Charged In Alleged Cyber-Theft Of 145 Million Americans’ Data

By NPR News February 10, 2020

Attorney General William Barr and top law enforcement officials announced what they called a huge cyberattack on Monday at the Justice Department. CREDIT: Jacquelyn Martin/AP

The credit agency Equifax was compromised by a cyberattack that permitted China's military to steal names, Social Security numbers and other personally identifiable information.Read More

Equifax To Pay Up To $700 Million In Data Breach Settlement

By NPR News July 22, 2019

Equifax will pay up to $700 million in a proposed settlement over its 2017 data breach. CREDIT:: Mike Stewart/AP

The credit reporting agency will pay up to $700 million in fines and monetary relief to consumers over a 2017 data breach that affected nearly 150 million people.Read More