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Can the Senate fix the BROKEN credit reporting system?

Billy Alt - Wednesday, August 01, 2018
The Senate Committee on Banking, Housing and Urban Affairs recently met to discuss “An Overview of the Credit Bureaus and the Fair Credit Reporting Act.” Both sides discussed their concerns and ideas to help fix the problem. The two major concerns by the senators was the FTC and CFPB’s inability to fine the Big 3 for reporting mistakes and inaccuracies, and the fact that consumers have no control over their own information, both good and bad.  ..

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