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A recent study calls the dispute process at major credit bureaus a "mockery."
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One consumer has a good credit history. The other does not. And somehow, their credit reports got tangled.
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It's supposed to be the safety net for consumers plagued with errors on their credit reports, but a recent study calls the dispute process at major credit bureaus a "mockery."
To read the report "Automated Injustice: How a Mechanized Dispute System Frustrates Consumers Seeking to Fix Errors in Their Credit Reports":
http://www.nclc.org/issues/credit_reporting/content/automated_injustice.pdf
To read the text of a proposed bill that would give consumers better access to and control over their data:
To read a NY Times editorial in support of the legislation that would give consumers better access to and control over their data:
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