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Equifax Inc

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  • Equifax posts higher profit, revenue for 3Q Wednesday, 24 Oct 2012 | 8:39 PM ET

    ATLANTA-- Equifax Inc., which collects and sells consumer credit information, said Wednesday that its profit grew 17 percent in the third quarter, aided by stronger revenue in its consumer-information business. Excluding the impact of acquisition-related expenses, Equifax's earnings amounted to 75 cents per share.

  • FTC says Equifax, customers pay $1.6M settlement Wednesday, 10 Oct 2012 | 2:24 PM ET

    NEW YORK-- The Federal Trade Commission said Wednesday that credit reporting firm Equifax Inc. will pay $393,000 to resolve allegations it broke the law by selling lists of consumers who were late on their mortgage payments. The agency said Equifax and Direct Lending Source violated the FTC Act and the Fair Credit Reporting Act.

  • *Equifax pays $393,000; Direct Lending $1.2 million. WASHINGTON, Oct 10- Consumer credit rating company Equifax Inc has agreed to pay $393,000 to settle allegations that it improperly sold information on consumers who had fallen behind on their mortgages, the Federal Trade Commission said on Wednesday.

  • *Began notifying some former employees of offer to pay pension benefits in. *Equifax- group represents about 20% of co's qualified pension plan liabilities. which were about $630 million as of December 31, 2011.

  • Government Regulation

    The companies that determine Americans' credit scores are about to come under government oversight for the first time. The Consumer Financial Protection Bureau said that it will start supervising the 30 largest firms that make up 94 percent of the industry.

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  • Lenders Again Dealing Credit to Risky Clients Wednesday, 11 Apr 2012 | 8:44 AM ET
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    With the financial industry recovering and fee income reduced by new regulations, lenders are seeking to woo back less creditworthy borrowers. The New York Times reports.

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  • Layoffs Not an Option for Some US Companies Tuesday, 7 Apr 2009 | 5:23 AM ET
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    Revenue may be down and the pressure to slash costs intense, but some U.S. companies say job cuts are not an option.