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Articles tagged with: credit reporting

News Release: AFR Statement on Financial Services Committee Markup on Credit Reporting
July 11, 2019 – 3:33 pm

“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.”

Letter to Regulators: Letter to Financial Services Committee on Credit Reporting Package
July 11, 2019 – 1:43 pm

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.

AFR Statement: Equifax Earnings Highlight Broken Model of Credit Reporting
November 10, 2017 – 2:51 pm

The hack may even have been a boon to the bottom line of credit reporting companies, which charge consumers to freeze their credit report or monitor their credit, even though consumers are seeking these protections due to this massive breach.

AFR Statement: Monopoly Man Highlights Need for Congress to Act on Consumer Rights
November 10, 2017 – 2:45 pm

But the question is, what will Congress do after a hearing on data breaches? Will they act to restore our right to control information about our own lives, and protect our privacy, or will they let Equifax and other data brokers turn the problems they caused into an excuse for undermining existing state laws with a sham weaker federal standard that replaces them? Will they restrict access to the courts?