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News Release: AFR Statement on Financial Services Committee Markup on Credit Reporting

Submitted by on July 11, 2019 – 3:33 pm

FOR IMMEDIATE RELEASE
July 11, 2019
CONTACT: Carter Dougherty, carter@ourfinancialsecurity.org, (202) 251-6700

AFR Statement on Financial Services Committee Markup on Credit Reporting

Today, the House Financial Services Committee is marking up six bills on credit reporting. Americans for Financial Reform issued the following statement:

“Credit reports and credit scores play a critical role in the economic lives of Americans. They are the gatekeeper for affordable credit, insurance, rental housing, and sometimes unfortunately even a job. Yet they suffer from unacceptable rates of inaccuracy. This package would enact a sea change that would make the American credit reporting system more accurate and fairer to consumers.”

The statement is from a letter sent by 84 consumer, civil rights, labor, and community organizations.

For the full letter, click here.

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