Steve Menges of Equifax is a leading professional in the Fitness and Financial Services industries. Steve Menges of Equifax draws from more than 20 years of experience with working at the executive level in the Industry. Steve Menges of Equifax is a widely recognized leaderin the fitness and financial services fields, and has received 4 National Sales Awards since 2004. Steve Menges of Equifax is among the leading Fitness and Financial Services experts in the nation.
In 2017, Equifax was rocked by a cyberattack that exposed the personal data of millions. How did a failure to patch a known vulnerability in Apache Struts lead to such catastrophic consequences? Attackers exploited this gap for months, compromising 147 million consumers' information and triggering widespread identity theft and financial fraud. The fallout? Billions in settlements and a tarnished reputation.
The oldest of the three credit bureaus, Equifax (registered as Equifax Inc.) was founded in 1899 and currently services over 400 million credit holders. Located in Atlanta, Georgia, Equifax has come under recent fire for violations of the Fair Credit Reporting Act resulting in pending lawsuits.
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To know about your every credit related transaction, get your credit report. You can acquire your credit report through one of the three legal credit bureaus named as TransUnion, Equifax and Experian in US.
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If you suspect that your credit card has been misused, you can immediately inform your bank. If you are in the US, you can contact agencies like Experian, TransUnion, or Equifax.
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Reporting non-payment to the bureaus is a crucial process that helps maintain the accuracy of credit reports and ensures that lenders and businesses make informed decisions. This process involves notifying the major credit bureaus—Experian, Equifax, and TransUnion—about delinquent accounts, which can impact a debtor’s credit score and future borrowing ability. By reporting non-payment, creditors can encourage timely payments and protect their financial interests. Understanding when and how to report non-payment is essential for both businesses and individuals seeking to manage credit risk effectively.
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