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Transcripts For CNN The Lead With Jake Tapper 20240707

helped illuminate what a liar he is. plus, it can make the difference if you re trying to buy a car or a house. the stunning report that equifax erroneously issued millions of americans lower credit scores that they did not deserve. welcome to the lead. i m jack tapper. a report card and a reality check for republicans and democrats gearing up for this fall s midterm elections. the biggest takeaway is from another primary night, now coming into focus starting in kansas where abortion rights with on the ballot. voters in kansas overwhelmingly rejected a measure that would have allowed lawmakers to ban abortion in the state. the turnout is giving democrats new hope, they say, that anger at that decision by the high court could deliver a midterm boost. on to arizona now where republican election deniers won big last night. cnn now projecting three trump-endorsed republicans who embraced donald trump s sad election lies will win their party s nominations for u.s. senate, fo

Transcripts for CNN The Lead With Jake Tapper 20240604 20:51:00

wasn t a vast majoritiment again, if it was your credit score, you don t feel great about it. no, i would think not. what s the solution for the potentially millions of americans who are right now paying higher interest rates or may have been denied loans because of these mistakes? if you think you were impacted, you have to do a bit of self-advocacy here. the first thing to think about, did you actually apply for a loan in that time period. if you did, you have to pull all three credit reports, you can go to annualcreditreport.com and look at the equifax report and look if there were any hard inquiries. if so, you might have to reach out to those lenders and look for any anomalies and point them to this information and hopefully try to self-advocate. unfortunately, jake, we know rates are on average much higher than they were in that time period. it really complicates the effort if you feel like a decision was made wrongfully. rah hell, new data shows

Transcripts for CNN The Lead With Jake Tapper 20240604 20:50:00

of americans, and that likely resulted in consumers paying higher interest rates or being denied loans altogether. let s bring in cnn business reporter rah hell salmon. how did this happen? equifax said it was a glitch that led to a miscalculation of credit scores, not the actual reports, but credit scores. it happened over a three-week period, likely mid march to early april. millions were impacted, jake. the company is saying only 300,000 actually saw an incorrect credit score of more than 25 points. the company saying in part in a statement, we ve determined there was no shift in the vast majority of scores adding, for those consumers that did experience a score shift, initial analysis indicates only a small number of them may have received a different credit decision. look, if you are part of that small number, it doesn t feel small to you, jake. look, the company is pointing out it s a small percentage, it

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