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"Punished For Living Debt Free": Canadian Man's Credit Score Wiped By Equifax After He Avoids New Debt
Summary by Zero Hedge
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.3 Articles
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"Punished For Living Debt Free": Canadian Man's Credit Score Wiped By Equifax After He Avoids New Debt - Nemos News Network
David Tregear, a Victoria man, saw his Equifax credit score unexpectedly drop to zero, leaving him unable to access loans or credit. He had stopped using credit to avoid debt but never expected to be penalized, according to CBC. “I was just stunned,” Tregear said. “What do you mean I don’t have credit?” Equifax only explained the issue after CBC’s Go Public got involved, citing a rarely publicized policy: credit scores may be reset to zero after…
Coverage Details
Total News Sources3
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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