Equifax in the news

Equifax faces increased scrutiny over consumer disputes due to CFPB changes, while its stock declines despite being considered undervalued with strong product growth.

Equifax is facing a class action lawsuit and a $2.2 million settlement for allegedly misreporting duplicated debts on consumer credit reports.

Equifax reached a $100 million settlement in a class action lawsuit for misreporting credit scores for approximately 4 million consumers in 2022, marking the largest FCRA settlement in history.

Equifax reported an 11% revenue increase in Q2 2026, reaching $1.7 billion, while also announcing the acquisition of Círculo de Crédito and doubling its AI-driven cost reduction goal to $150 million.

Equifax's survey reveals HR professionals are increasingly challenged by fabricated candidate information and the dual impact of AI on hiring efficiency and confidence, while employee experience remains their top priority.

Equifax settled for $2.2 million over claims of duplicate negative items on credit reports, offering compensation and credit monitoring to affected consumers.

Equifax will announce its second-quarter 2026 financial results on July 21, followed by a conference call with senior management.

Equifax is acquiring Círculo de Crédito, a leading Mexican credit bureau, for $750 million to expand its market presence and enhance data analytics capabilities in Latin America.

Credit freezes alone fail to prevent synthetic identity theft where criminals combine stolen Social Security numbers with fake information to bypass security.

Canadian business credit data shows a sharp drop in new entrepreneurship and rising bank loan delinquencies as companies prioritize supplier payments over debt.

Strong Q1 financial results and new AI-driven data products contrast with a sharp decline in share price and ongoing market volatility.

Equifax faces a class action lawsuit in Colorado for allegedly listing thousands of private cellphone numbers in commercial directories without permission.

Trimble integrated Equifax's automated income and employment verification service into its construction ERP software to streamline payroll administration.

Trimble integrated Equifax's automated verification services into its construction management software to streamline payroll data processing.

Strategic expansions in identity protection and a new partnership in Poland highlight growth efforts while the stock remains undervalued relative to analyst targets.

Total U.S. consumer debt rose to $18.22 trillion in April 2026, driven largely by mortgages and auto loans.

Equifax stock fell 4.7% as strong labor data and macro headwinds like high interest rates dampened investor confidence in the data services sector.

Equifax UK and Poland’s BIK credit bureau are partnering to integrate behavioral analytics and global data for enhanced identity verification and fraud prevention.

Technical indicators and AI models suggest Equifax is entering a period of high risk-reward potential amid choppy trading conditions.

Total U.S. consumer debt hit a record $18.19 trillion as subprime credit card usage surges and student loan defaults rise.