credit bureaus data breach Economic Justice Equifax Experian Financial Reform News TransUnion 

AFR Statement: Groups Demand to Know How Much Money Credit Bureaus Will Make Off Data Breach

Share this Page: FOR IMMEDIATE RELEASE Nov. 17, 2017 CONTACTCarter 251-6700 Groups Demand To Know How Much Money Equifax Will Make Off Data Breach Just two months after Equifax fessed up to its massive breach impacting over 143 million Americans, public interest groups are demanding that Experian, TransUnion, and Equifax explain whether they are actually profiting off this massive cyber-mistake. American for Financial Reform, the Consumer Federation of America, the National Consumer Law Center, U.S. PIRG, and other nonprofit advocacy groups wrote a letter to the CEOs of all…

Read More
Dodd-Frank Economic Justice Equifax Letters and Statements Senate Wells Fargo 

AFR Statement: Senate Dodd-Frank Changes Would Benefit Banks Not Look Out for Consumers

Home » Letters and Statements AFR Statement: Senate Dodd-Frank Changes Would Benefit Banks Not Look Out for Consumers Submitted by team on November 13, 2017 – 5:16 pm Share this Page: FOR IMMEDIATE RELEASE Nov. 13, 2017 CONTACT:Carter 251-6700 Senate Proposal Would Reward Banks Not Look Out for Consumers Statement from Marcus Stanley, policy director at Americans for Financial Reform, on the Senate banking deregulation proposal: On the overall proposal: “With scandals at Wells Fargo and Equifax so recent or even ongoing, Congress ought to be passing robust new…

Read More
congress credit reporting data breach Economic Justice Equifax Financial Reform News 

AFR Statement: Equifax Earnings Highlight Broken Model of Credit Reporting

Share this Page: FOR IMMEDIATE RELEASE Nov. 10, 2017 CONTACT:Carter 251-6700 STATEMENT ON THE QUARTERLY EARNINGS ANNOUNCEMENT BY EQUIFAX This morning, executives at Equifax detailed its quarterly earnings announcement in a call with investors. Based on sales Equifax reported its second best quarter ever. Sales rose and were $835 million, or just 2% below what the company projected in late July, days before it received the initial indication that it had been hacked. The company faced costs to dealing with the breach, but this makes it clear just how…

Read More
congress credit reporting Economic Justice Equifax Financial Reform News hearing monopoly man 

AFR Statement: Monopoly Man Highlights Need for Congress to Act on Consumer Rights

Share this Page: FOR IMMEDIATE RELEASE Nov. 8, 2017 CONTACT: Carter 251-6700 Monopoly Man Returns: What public and consumer rights are threatened now? The Senate Commerce Committee is holding a hearing on data breaches today. The Senate Judiciary Committee is discussing bogus claims about the alleged harms of lawsuits. But the question is, what will Congress do after the hearing? Will they act to restore our right to control information about our own lives, and protect our privacy, or will they let Equifax and other data brokers turn the…

Read More