# Credit scores
What is a Credit Score and How to Improve It
There's a lot of confusion out there about what a credit score is and what it means for you. So, we'll provide a comprehensive understanding of a credit score, what it covers, and how you can improve it.
Equifax Gave Millions Of Clients Wrong Credit Scores
The error could have caused borrowers to be wrongfully denied loans or pay higher rates. (source) Equifax is a credit giant. It sends credit reports for millions of consumers to lenders. Now, company reports suggest some of the information sent was incorrect. In some cases, the errors were significant. The differential was at least 25 points for around 300,000 consumers. This mistake had a significant real-world impact on borrowers. (source)
Consumer Advocates Applaud New State Authority Over Credit Bureaus
New federal rule allows states to take on abusive credit reporting practices. The consumer advocates at the National Consumer Law Center (NCLC) are cheering a new rule issued by the Consumer Financial Protection Bureau (CFPB) that will allow states to take action to protect citizens from abusive practices by credit reporting agencies (Experian, Equifax, TransUnion).
Consumer Groups Support Washington State's Ban on Using Credit Scores in Insurance Decisions
Coalition of groups files court brief urging continuation of credit score ban. A coalition of consumer groups has filed a brief in Thurston County Superior Court urging the court to uphold a ban on using credit scores in insurance decisions. The temporary ban was issued by Washington's Commissioner of Insurance.
Consumer Group Blasts Maryland Lawmakers Over Auto Insurance Premiums
Consumer Federation of America says credit scores shouldn't be used to set premiums. The Consumer Federation of America today accused Maryland lawmakers of caving to insurance industry demands in advancing legislation that will allow insurance companies to continue using credit scores to determine eligibility and premiums for auto insurance.