Reform Bill Addresses Problem of Inaccurate Credit Reports

An official of the US Treasury Department has issued a statement pointing to the sections dealing with the problem of inaccurate credit reports and consumers’ inability to easily get the inaccuracies removed. The official notes that credit reports are sometimes riddled with errors. And those errors can have a real effect on your financial future. Something as simple as having the same name as another individual who failed to pay their bills on time can prevent you from receiving a loan or the lower interest rate for which you’re eligible. The official states that consumers have filed almost 150,000 complaints...

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