ccredit reporting errors

“I’m trying to think of another industry where a 20 percent error rate would be acceptable.” says 60 Minutes correspondent Steve Kroft, in a new exposé of the credit reporting industry. “That’s a pretty high error rate.” To say the least. Kroft was...
The first astonishing thing about the nation’s credit reporting system is its sheer massive size: data is compiled and exchanged about 1.3 billion consumer credit accounts pertaining to 200 million American adults. But what’s even more astonishing is how control over this ocean of data...
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