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 does not properly investigate consumer complaints of errors in credit reports, threatening their access to credit, employment and housing, the Consumer Financial Protection Bureau said Tuesday.

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

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

A top watchdog agency for consumer finance has accused credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial

Monday, the Consumer Financial Protection Bureau, an independent government agency, announced two big actions relating to our credit reports.