consumers: Credit Reporting Errors Are Hard To Correct
- 05/06/12 03:37 AM
Credit reporting errors are hard to correct, according to a recent article in the Columbus Dispatch. Reporters Riepenhoff and Wagner studied the complaints made by consumers to the Ohio Attorney General's office and the Federal Trade Commission. The conclusions they drew as a result of their study was that the credit reporting system badly flawed. Consumers of all kinds, especially potential homeowners are being denied credit unfairly. Many consumers' attempts to correct their records are being ignored, they reported, and there does not appear to be any way to force the reporting agencies to take action. As Realtors and lending officers (2 comments)