The consumer watchdog alleges the credit reporting giant conducted inadequate error reviews, potentially harming millions of Americans.

The Consumer Financial Protection Bureau sued the credit reporting agency alleging that if failed to investigate or correct errors in credit reports even when it had ample evidence supporting consumer disputes.

Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.

The CFPB has sued Experian, claiming the company failed to properly investigate consumer credit report disputes.

The Consumer Financial Protection Bureau (CFPB) is suing Experian, claiming the nationwide consumer reporting agency is unlawfully failing to properly investigate consumer disputes. According to a news release distributed on Tuesday,

Experian maintains crucial files on most American families but allegedly mishandles their complaints—damaging household finances in the process.

The CFPB sued Experian, accusing the credit reporting bureau of violating “The Fair Credit Reporting Act” by not taking the proper steps to process, investigate and notify consumers about disputes. For example, the CFPB said when Experian asked creditors about disputes, they accepted responses that were improbable or illogical.

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Experian, one of the nation's largest credit reporting agencies, for failing to