The current dispute-resolution systems at the three main consumer-credit-rating agencies used in the U.S. are violating the law, CBS reported Sunday on its “60 Minutes” television program. The report cited what it said were widespread mistakes with individuals’ credit reports, focusing on the industry’s three main firms: Equifax Inc. (US:EFX), Irish-based Experian PLC (UK:EXPN) and unlisted TransUnion Corp. The report included an interview with Ohio Attorney General Mike DeWine, who said the industry was violating the Fair Credit Reporting Act by failing to adequately address mistakes in people’s credit records.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
Most Popular Articles
Latest Articles
HUD would permit multi-story manufactured homes without a permanent chassis
HUD proposes expanding manufactured home rules for multi-story designs, allowing upper sections without a chassis that can cost $5,000 to $10,000.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio