Equifax, one of America's top credit rating companies, has provided incorrect scores for millions of Americans seeking loans between March and April.
The company, which maintains credit reports on more than 200 million consumers, sent inaccurate reports that were off by as high as 25 points for consumers looking to apply to auto loans, mortgages and credit cards, reports.
Bank executives and others familiar with the errors said that the inaccurate scores were enough to alter the interest rates available to consumers, while others were rejected from applying for the loans altogether.
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