Government Will Investigate Credit Reporting Bureaus

The Consumer Financial Protection Bureau will review whether consumer complaints about credit report errors are handled properly.

Government Will Investigate Credit Reporting Bureaus Photo (cc) by Loz Flowers

Reuters reports…

The failure to share all the supporting documentation from consumers[‘ complaints] raises questions about whether the practice violates the Fair Credit Reporting Act. That law requires credit-reporting bureaus to follow “reasonable procedures” to ensure the accuracy of information and to reinvestigate any consumer disputes that arise.

If you need help fixing credit errors or getting your report, check out the links below.

Brandon Ballenger
Brandon Ballenger @btballenger
I'm a freelance journalist living in South Florida. If I'm not writing, I'm playing video games or at the beach. My favorite spice is oregano, and I thought you should know. I ... More

Comments

1,020 Active Deals

More Deals