LI Congressman Works To Fight Credit Report Errors

By | Feb 23, 2013

LI Congressman Works To Fight Credit Report Errors
News from CBS Local:

Rep. Steve Israel (file/photo by Joe Raedle/Getty Images)

MELVILLE, N.Y. (CBSNewYork) — A Long Island congressman is calling on the federal government to make sure people’s credit reports are not marred by the activity of identity thieves.

If you buy a car or a home, and you need a loan, one of the first questions you will be asked is your Social Security number.

But as WCBS 880’s Sophia Hall reported, running that Social Security number may bring up some problems. Millions of people have had their identities stolen, and they may have bad marks on their credit reports because a thief opened an account and never made a payment.

“So your credit score goes down because something the thief did,” said U.S. Rep. Steve Israel (D-N.Y.) “We must make sure that credit bureaus are correcting those reports, and the federal government is compelling those corrections.”

Israel said people should check their credit re…………… continues on CBS Local

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Related News:

Big Hike Reported in Credit Report Errors
News from

Rep. Steve Israel, D-Huntington, and Nassau County District Attorney Kathleen Rice say there has been a sharp increase in credit report errors and tax identity theft.

In a press conference at the Bethpage Federal Credit Union Friday, Israel and Rice offered tips to keep consumers safee during tax season. According to a recent study, one in four had at least one potentially material error. Also, in the first nine months of 2012 alone, the IRS identified almost 642,000 incidents of tax identity theft.

“The prevalence of credit report errors and tax identity theft is staggering,” Israel said. “While many believe that it could never happen to them, the statistics show otherwise.”

Israel and urged local residents to be aware and take steps to reduce their risk.

“I am also calling on the

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