Inaccurate background checks and illegal credit freezes
recently cost TransUnion and its subsidiary significant monetary penalties for
violating the Fair Credit Report Act, according to a joint complaint filed by
the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission.
The bureau pointed to a pattern of misconduct by TransUnion,
noting the conglomerate has been subject to four CFPB enforcement actions in
the last seven years, including the two charges described in its most recent
enforcement actions.