Thursday, May 19, 2016

Congress to consider dramatic overhaul of credit reporting

The way consumers’ credit data is reported, recorded and used by the nation’s credit reporting agencies could dramatically change soon, if a newly introduced bill makes it way through Congress. The new bill would, among other things, cut the time that adverse debt appears on a consumer’s report, and places the “burden” of remedying errors on the agencies themselves. http://www.housingwire.com/articles/37079-congress-to-consider-dramatic-overhaul-of-credit-reporting ❤️ #share #mortgage



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