Borrowers have rejected loan applications and their interest rates have increased.
The leading credit reporting company has been providing inaccurate credit ratings to lenders for millions of people Borrowers have rejected loan applications. Inaccurate credit scores were sent to lenders by one of the three major credit agencies in the United States, Equifax. For millions of individuals applying for credit cards, mortgages, and auto loans during three weeks this year, as reported by the Wall Street Journal. According to reports, this