Consumer Protection Settlement With National Credit Reporting Agencies

Consumer advocates have long sought a revamp that would reduce errors on credit reports and make correcting them easier. Recently, a settlement was reached with the nation's three leading national credit reporting agencies, Experian Information Solutions, Inc., Equifax Information Services, LLC, and TransUnion LLC. The settlement provides that the companies will improve credit report accuracy; increase the efficiency to resolve consumer disputes of credit report errors; and protect consumers from the harm that medical debt may cause. To read more ->