CFPB Gives You Place To File Complaints About Credit Bureaus

CFPB Gives You Place To File Complaints About Credit Bureaus

Credit reporting agencies like TransUnion, Experian, and Equifax, provide reports and credit scores that effectively tell lenders what sort of human being you are. The amount of authority they have in a consumer’s life is astounding, especially when you consider the lack of oversight they’ve enjoyed. At least now the Consumer Financial Protection Bureau is looking over their shoulder, and giving consumers a way to file complaints. [More]

(Alec Peden)

Equifax Caught Improperly Selling Lists Of People With Late Mortgage Payments

When you’re in financial trouble, one of your concerns is that your creditors will report you to the three major credit bureaus — Equifax, Experian, and TransUnion. But maybe you should be concerned that the bureaus are selling your sensitive information. [More]

(Plankton 4:20)

One-In-Five Consumers Seeing Significantly Different Credit Scores Than Creditors

Much is made about how much impact your credit scores has on your ability to get a loan, live a happy life and be a good human being. But a new report from the Consumer Financial Protection Bureau claims that one-in-five consumers are seeing scores that are significantly different from what lenders see. [More]