WASHINGTON—The Consumer Financial Protection Bureau on Thursday fined Experian PLC $3 million, alleging that the leading credit-reporting firm misrepresented the credit scores it marketed to consumers. In the latest example of its intensifying policing of the credit-reporting industry, the federal regulator said Experian claimed the credit scores it sold to consumers were the same ones lenders used to make credit decisions.
Source: Wall Street Journal March 23, 2017 19:30 UTC