Tuesday, January 1, 2013

3 Surprising Findings From the Latest Study on Credit Reporting Agencies. Bkhelpnow.com Susan Salehi Bankruptcy Ventura Oxnard Camarillo Bankruptcy Santa Barbara Woodland Hills Los Angeles CA.

http://bkhelpnow.com/wordpress/2013/01/01/3-surprising-findings-from-the-latest-study-on-credit-reporting-agencies-bkhelpnow-com-susan-salehi-bankruptcy-ventura-oxnard-camarillo-bankruptcy-santa-barbara-woodland-hills-los-angeles-ca-2/

Posted on by Law Office of Susan J. Salehi


http://www.dailyfinance.com/2012/12/18/surprising-findings-study-credit-reporting-agencies/

We’re still at least a year away from laying eyes on the FTC’s decade-long review of credit reporting agencies, but a new study from a consumer watchdog gives an interesting preview at what we might be in for.
The Consumer Financial Protection Bureau analyzed data from the three largest CRAs –– Equifax, Experian, and TransUnion –– over the last year.
We pored over the 38-page report. Here are a few of the most staggering findings we came across:
1) Credit agencies are letting an automated system pass off 85 percent of all consumer disputes.
Why you should care: Much of the reason CRAs are under the microscope now is to figure out just how accurate they are.
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