The consumer watchdog alleges the credit reporting giant conducted inadequate error reviews, potentially harming millions of Americans.

The Consumer Financial Protection Bureau sued the credit reporting agency alleging that if failed to investigate or correct errors in credit reports even when it had ample evidence supporting consumer disputes.

Experian maintains crucial files on most American families but allegedly mishandles their complaints—damaging household finances in the process.

The CFPB has sued Experian, claiming the company failed to properly investigate consumer credit report disputes.

A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial Protection Bureau (CFPB) said it had sued the company for unlawfully failing to investigate consumers’ issues.

The Consumer Financial Protection Bureau (CFPB) is suing Experian, claiming the nationwide consumer reporting agency is unlawfully failing to properly investigate consumer disputes. According to a news release distributed on Tuesday,

Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.

Monday, the Consumer Financial Protection Bureau, an independent government agency, announced two big actions relating to our credit reports.