Consumer Alert: Did the Equifax glitch affect your credit score? A lawsuit claims millions were affected

ROCHESTER, N.Y. (WHEC) — Imagine checking your credit score and finding that it dropped by 130 points, and you had done nothing wrong. That’s what happened to one Florida woman, and she’s not alone. Now Equifax is facing a class action lawsuit. The lawsuit alleges that the credit scores of millions of Americans were affected by an Equifax technical glitch.

The suit seeks a trial by jury for damages suffered by anyone whose score changed from at least March 6 to April 6 of 2022, the period when the glitch is believed to have occurred. As Equifax was transitioning to a new technology system, the lawsuit alleges that Equifax unintentionally provided the wrong credit scores on millions of U.S. consumers seeking various types of credit.

In a statement on its website, Equifax acknowledged as many as 300 thousand people experienced a score shift of 25 points or more. That’s enough to swing your credit rating from good to fair, or fair to poor.

As for the Florida woman whose score dropped 130 points, she was applying for a car loan at the time. Because of the Equifax mistake, the lawsuit says her car payments increased by $200 a month. That’s $2,400 a year.

While the lawsuit has not yet been granted class-action status, you may want to contact the plaintiff’s attorney for more information if you believe you may have been affected by this Equifax incident. His contact information is below.

GREGORY J. BOSSELER
Georgia Bar No.: 742496
MORGAN & MORGAN ATLANTA, PLLC
191 Peachtree Street NE, Suite 4200,
Atlanta, Georgia 30303
Telephone: (404) 496-7254
Facimile: (404) 720-3835
GBosseler@forthepeople.com