Feds to run checks on credit bureaus

By | Sep 9, 2012

Feds to run checks on credit bureausNews from Columbus Dispatch: By  Jill Riepenhoff  and  Mike Wagner Sunday September 9, 2012 10:03 AM For the first time, a federal agency will see the inner workings of the three national credit-reporting agencies whose files determine who receives a loan and how much they will pay for credit. […]

Credit scores are confusing, and the credit bureaus make them even more …

By | Aug 4, 2012

Credit scores are confusing, and the credit bureaus make them even more …News from Plain Dealer: Q: I just bought copies of my credit scores from Equifax and TransUnion. My score with Equifax was 672 and my score with TransUnion was 615. How can I have this wide of a gap? — S.D., Brunswick A: […]

Consumer bureau to police credit reporting bureaus

By | Jul 22, 2012

Consumer bureau to police credit reporting bureausNews from Chicago Daily Herald: Article posted: 7/22/2012 8:03 AM By Associated Press NEW YORK — The companies that determine Americans’ credit scores are about to come under scrutiny by the country’s new consumer watchdog. The Consumer Financial Protection Bureau said that it will start supervising the 30 largest […]

Watchdog will monitor credit bureaus

By | Jul 21, 2012

Watchdog will monitor credit bureausNews from Times Record News: The Consumer Financial Protection Bureau says it will soon begin examining credit reporting agencies to confirm they are producing accurate credit reports and that consumers have ample ability to dispute errors on their reports. “An accurate credit report is critical to a person’s financial future, and […]

Consumer bureau to police credit reporting bureaus

By | Jul 17, 2012

Consumer bureau to police credit reporting bureausNews from USA TODAY: The Associated Press Updated NEW YORK – The companies that determine Americans’ credit scores are about to come under scrutiny by the country’s new consumer watchdog. Alex Wong, Getty Images Director of the Consumer Financial Protection Bureau Richard Cordray testifies at a hearing of the […]

Federal checks on credit bureaus aim to end reporting errors that cost you money

By | Jul 17, 2012

Federal checks on credit bureaus aim to end reporting errors that cost you moneyNews from Detroit Free Press: Carol Long — who was looking pretty sharp for a dead woman — stood up at a town hall gathering Monday in the Kresge Court at the Detroit Institute of Arts and declared that credit reports can […]

Credit Bureaus & Rating Agencies in the US Industry Market Research Report Now …

By | Apr 16, 2012

Credit Bureaus & Rating Agencies in the US Industry Market Research Report Now …News from Albany Times Union: Tightened credit and a drop in credit applications hurt the industry during the recession. Over the next five years, the industry will enter a period of significant growth. As the economy improves and unemployment drops, more people […]

Credit Bureaus & Rating Agencies in the US Industry Market Research Report Now …

By | Apr 15, 2012

Credit Bureaus & Rating Agencies in the US Industry Market Research Report Now …News from Virtual-Strategy Magazine: Tightened credit and a drop in credit applications hurt the industry during the recession. Over the next five years, the industry will enter a period of significant growth. As the economy improves and unemployment drops, more people will […]

Bank of America reports live customer dead to credit bureaus

By | Feb 13, 2012

Bank of America reports live customer dead to credit bureausNews from AGBeat: Tara Steele | 2012/02/13  | Bank says you’ve been pushing up daisies South Carolina man, Arthur Livingston applied for a new mortgage, but was quickly denied as his credit report says, “File not scored because subject is deceased,” according to ABC News. Since […]

Credit Bureaus Could Face Tougher Rules

By | Sep 3, 2011

Credit Bureaus Could Face Tougher RulesNews from Go Banking Rates: The newly-formed Consumer Financial Protection Bureau (CFPB) is questioning whether credit bureaus are doing their part to properly manage credit reports and scores. The agency, which is a layer of regulation created under the Dodd-Frank Wall Street Reform and Consumer Protection Act, is also contemplating […]

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