Thread: The Big Three
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Old 04-03-2009, 03:28 PM
rsuu123 rsuu123 is offline
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Join Date: Apr 2009
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"The big credit bureaus and big business tolerate big mistakes in credit reports, but those mistakes ruin the financial reputations of hardworking Americans. … It is outrageous that inaccurate credit reports could damage 1 in 4 consumer's ability to buy a home, rent an apartment, obtain credit, open a bank account, or even get a job."

Ed Mierzwinski, U.S. PIRG Consumer Program Director.


Over the last ten years, the state PIRGs and other organizations have written many reports proving that the sloppy practices of the credit bureau are to be blamed for errors in the credit reports. U.S. PIRG collected 200 surveys from adults in 30 states who reviewed their credit reports for accuracy.

A survey released by U.S. PIRG states that credit reports contains errors that are severe enough to cause consumers to be denied credit for a auto loan, an apartment, a home loan, and possibly even a job.

Key findings include:
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