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... complaint against national credit reporting agency, Equifax, for lack of antitrust injury. CBC Companies, Inc. v. Equifax, Inc., --- F.3d ----, 2009 WL 860225 ( ... consumer credit information to mortgage lenders (the "Mortgage Lender Market"). CBC alleged that Equifax restrained competition in the relevant market by "'imposing and threatening to impose financial penalties ... tool for a plaintiff seeking better contract terms. See Verizon Commc'ns Inc. v. Law Offices of Curtis V. Trinko LLP, 540 U.S. ...

... Holds Plaintiff, a mortgage lender, filed a putative class action against various consumer reporting agencies, including Equifax, Trans Union and Experian, alleging various state-law claims based on defendants' "sale of mortgage 'trigger leads' to third party lenders"; the class action complaint explained that "trigger leads" reflect a consumer's interest in obtaining a loan. Premium Mortgage Corp. v. Equifax, Inc., 583 F.3d 103, 2009 WL 3163225, *1 (2d Cir. 2009). According to the ...

Debtors frequently receive a discharge in Bankruptcy, only to find that they still can not open a bank account due to check reporting companies such as Chex Systems, Telecheck, and SCAN. All these companies are considered consumer-reporting agencies, and similar to Equifax, Experian, and TransUnion. Nevertheless, they only provide deposit account verification services such as the reporting [...]

... 's more than 25 million small businesses increased by 44% from the thirdquarter of 2008 to the third quarter of 2009, according to Equifax Inc. (NYSE:EFX), which analyzes its comprehensive small business database for theon-going study. Comparing the month ... of September, the most recent month for which complete data is available, and compared it with results from September 2008. Equifax defines a small business as a commercial entity of less than 100 employees. The company's report also listed the ...

Thanks to The Arkansas Business Litigation Blog for Equifax and Experian Must Produce Trade Secrets, Subject to Protective Order. I had seen no news of the case Fair Isaac Corp. v. Equifax, Inc.. The court agreed the algorithms and software are trade secrets but that defendants must produce them to Fair Isaac. A protective order prevents Fair Isaac or its experts from using the information for any purposes other than the ...

... She has been a director of the Corporation since 1994 and is chair of the Asset Quality Committee (a committee that reviews asset quality, credit risk policies, and reserves). She also serves as a director of Equifax, Inc., Flowers Industries, Inc., Sanmina-SCI Corporation, SYSCO Corporation and Wellpoint, Inc. By the way, Gifford, who made more than $1.3 million did not qualify as independent. It was not the amount of income that disqualified him but ...

... about losses -- but many say the problem is growing. Avivah Litan, a fraud specialist at research firm Gartner Inc., estimates that synthetic schemes constitute at least 20% of credit charge-offs and 80% of losses from ... -identity fraud "is showing up all over the place." Scams like Mr. Rose's also show how fraudsters can exploit the practices of the three big credit-reporting companies, Equifax Inc., Experian and TransUnion LLC. The companies and the FTC say some inaccuracies and fraud are ...

... to several unidentified junk mail companies. Fidelity National Information Services, a financial processing company, is the parent of Certegy, Inc., and is a provider of solutions supporting financial services companies throughout the world. (See stories Assoc. Press and ... , and is also one of the big three credit bureaus. ChoicePoint is a spin-off from Equifax, headquartered in Alpharetta, GA, as is Certegy Inc. This incestuous looking arrangement has nothing to do with what happened to the 2.3 ...

... Plaintiff filed a class action against Towers, Perrin, Forster & Crosby, Inc., a benefit and pension consultant to Altria, the parent company of Phillip Morris, where plaintiff ... stating that it had arranged, and would pay for one year, for Caudle to enroll in the Equifax Credit Watch Gold, a 3-in-1 credit monitoring service that would provide ... "LifeLock," in part because LifeLock offered more credit fraud insurance than Equifax and because plaintiff believed he needed more than one year of ...

With stories of identity theft surfacing daily, it's no wonder that consumers want to be able to keep an eye on their credit reports from Experian, TransUnion, and Equifax. But there can be a hidden problem with these credit monitoring services. Each time your credit is checked by a third party, it lowers your credit score a little. If you personally check your credit, there is no impact. The problem is that some of these credit monitoring services allow you to check your credit daily, and they ...