The two companies are mislead customers into buying products with recurring payments, says the CFPB.  Also, the credit scores the customers were buying were not necessarily the same used by lenders.

Neither admitting nor denying the charges, TransUnion agrees to pay a $3M fine and $13.9M in restitution, and Equifax a $2.5M fine and $3.8M in restitution.

To read the full press release of the CFPB, please click on this link

Source: Seeking Alpha