Tag Archives: Credit Scores

Credit-Reporting Companies Agree To Major Changes To Reduce Errors

by Jim Puzzanghera, Los Angeles Times

The nation’s three largest credit-reporting companies have agreed to make it easier for consumers to correct mistakes, as well as to wait longer to list unpaid medical bills to allow more time for insurance payments, according to a government settlement announced Monday. The changes are designed to … Read More ›

Credit Reports Created With Your Online Information Are Mostly Inaccurate

by Ashlee Kieler, Consumerist

More than 64 million Americans are cut off from access to traditional banking because they lack credit history. To better serve these unbanked consumers financial institutions are relying on the promises of big data brokers to accurately determine the creditworthiness of consumers. But is the new method a reliable way to provide affordable access to credit? Read More ›