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In the media
America’s Consumer Credit Reporting System Desperately Needs Reform
“They collect our data without our permission. They profit from our data. They fail to invest in processes to verify accuracy. And their models are not transparent. This puts Black and Brown consumers at a serious disadvantage.”
Panelist Amy Traub, Associate Director Policy and Research at Demos emphasized how detrimental it is that credit information is controlled by three largely unaccountable companies. “They collect our data without our permission. They profit from our data. They fail to invest in processes to verify accuracy. And their models are not transparent. This puts Black and Brown consumers at a serious disadvantage.”
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In the media
