It was six years ago we reported here extensively about a massive security breach at Equifax affecting 143 million Americans. Now Equifax finds itself in hot water again. Equifax says it found and fixed a coding issue that impacted how some credit scores were calculated. This is what Equifax says you need to know: Equifax News Release dated August 4, 2022: Equifax understands that consumers have questions about their credit score and the potential effect of the coding issue that took place between March 17 and April 6, 2022. We take this issue seriously and regret that it occurred. While a number of news outlets have reported on this issue, we want to clarify the conflicting information that has appeared in news reports to ensure accuracy of information. Here's what you should know: Information in consumer credit reports was not affected. Equifax advises all consumers to regularly check their credit reports as part of their regular personal finance … [Read more...] about Will The Latest Equifax Blunder Affect Your Credit?
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A third of Brits face poverty with energy bills set to hit $5,000
London (CNN Business) Nearly one third of households in the United Kingdom will face poverty this winter after paying energy bills that are set to soar again in January, campaigners say. About 10.5 million households will be in fuel poverty for the first three months of next year, according to estimates from the End Fuel Poverty Coalition (EFPC) published on Tuesday — meaning that their income after paying for energy will fall below the poverty line. The UK government defines poverty as household income of less than 60% of the UK median, which stood at £31,000 ($37,500) in 2021, according to official statistics. The predictions are based on new estimates from research firm Cornwall Insight, also published Tuesday, which show that the average household energy bill is expected to hit £3,582 ($4,335) a year from October, and £4,266 ($5,163) from January — equating to about £355 ($430) a month. January's forecast represents a 116% increase in … [Read more...] about A third of Brits face poverty with energy bills set to hit $5,000
Yuh-Line Niou on Her Especially Personal Run for Congress
Photo: Ron Adar/SOPA Images/Shutterstock Yuh-Line Niou is used to running in a crowd. In 2016, she defeated five other candidates to win the Democratic nomination for the Assembly seat vacated by Speaker Sheldon Silver when he was indicted on corruption charges. Six years later, she is running for Congress against a dozen other candidates, including fellow front-runners City Councilwoman Carlina Rivera , former House impeachment counsel Dan Goldman, and Representative Mondaire Jones, in the newly redrawn Tenth District . It includes Chinatown and the Lower East Side, which she represents in Albany. If she wins, 39-year-old Niou — whose parents emigrated to the U.S. from Taiwan when she was a child — would become only the second Asian American elected to Congress from New York, after Grace Meng. She has been endorsed by progressive heavyweights like the Working Families Party and the Sunrise Movement, as well as by some of her fellow state lawmakers, like progressives Julia … [Read more...] about Yuh-Line Niou on Her Especially Personal Run for Congress