Julie Miller Awarded $18 Million Over Credit Report Errors on Equifax

Credit Score

IMG: via Shutterstock

Julie Miller, a women from Portland, Oregon was awarded $18.4 million in punitive damages and $180,000 in compensatory damages after spending two years trying to get Equifax to fix several errors on her credit report.

She found the problem when she was denied credit in 2009 by a bank. She had found errors in reports from other credit bureaus before, but they corrected the errors.

Miller contacted Equifax eight times between 2009 and 2011 trying to get them to fix inaccuracies on her account. These include false collection attempts and a wrong social security number and birthday. Her lawsuit said that the company failed to correct any of her mistakes.

“There was damage to her reputation, a breach of her privacy and the lost opportunity to seek credit,” said Justin Baxter, a Portland attorney who worked on the case. “She has a brother who is disabled and who can’t get credit on his own, and she wasn’t able to help him.”

A Federal Trade Commission study found that 1,001 consumers who reviewed 2,968 of their credit reports found 21% had errors. The survey also found that that 5% of the errors would cause the consumers to be denied credit.


About DevonJ140
I am currently an Accounting Director living in New York City. I love reading and learning more about business, finance, tech, and current events.

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