New York Consumer Law Blog

Tuesday, July 17, 2018

Senate looks to fix “broken” credit reporting system

https://www.housingwire.com/articles/46049-senate-looks-to-fix-broken-credit-reporting-system

 

Sen. Brian Schatz, D-Hawaii, pointed out that 5% of credit reports contain confirmed material errors, affecting about 10 million people. What’s more, Schatz pointed out that even two years after the errors were found, 84% of those remained on the credit reports.


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