Tag Archives: New Gov’t Agency to Regulate Credit Score Companies

Americans’ credit scores are an important piece of information that banks use to determine if you can get a mortgage or not. As such, the Consumer Financial Protection Bureau says the companies that provide such details about Americans’ credit histories require more scrutiny. The consumer watchdog group announced Monday it will provide greater oversight of the industry, including the big three credit agency firms: Experian, Equifax and TransUnion. Consumers often complain about inaccurate information on their credit reports, but many are unsuccessful in getting the credit reporting agencies to correct […]