Bad math at Equifax led to bad rates for New Yorkers – now it’s paying up. The credit reporting agency agreed to a $725,000 settlement reached with the Empire State Tuesday, Jan. 15, after a coding error wrongly lowered credit scores for over 77,

Equifax must pay $725,000 as part of a settlement with the state after a coding error in 2022 led to the inaccurate lowering of some New Yorkers' credit scores.

Equifax (NYSE:EFX – Free Report) had its price objective decreased by Jefferies Financial Group from $340.00 to $300.00 in a report published on Wednesday morning,Benzinga reports. Jefferies Financial Group currently has a buy rating on the credit services provider’s stock.

Without admitting wrongdoing, Equifax agreed to pay $725,000 because of a three-week error which lowered credit scores for 77,000 New Yorkers.

New York Attorney General Letitia James has announced a settlement with Equifax Information Services, LLC over inaccuracies in credit scores reported for tens of thousands of New Yorkers. A coding error led to falsely lowered credit scores between March and April 2022,

We are energized to be pivoting from building the Equifax Cloud over the past four years to leveraging our new industry-leading cloud and EFX.AI capabilities to drive revenue growth, margin ...

Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.

A new rezoning plan for the city aims to remove long-outdated barriers to building housing and to spread development across all the city’s neighborhoods.

More people moved out of New York in 2024 than into the state, according to a new study by national mover Atlas Van Lines.

The NWS has issued a winter storm watch for several counties in New York, with heavy lake effect snow expected.

In a new collection about New York City, the writer turns his gimlet eye on its icons, its architecture, its hot spots — and its suits. “Clothes matter — especially when you get old,” he says.