A Groundbreaking Settlement With Three National Credit Reporting Agencies

TransUnion, Equifax and Experian Agree to Overhaul Credit Reporting Practices

The nation’s giant credit reporting agencies — which keep records on more than 200 million individuals and influence their ability to obtain credit — have agreed to overhaul their approach to fixing errors and their treatment of medical debts on consumers’ reports.

http://postlets.com/r/dumetz-rd-woodland-hills-ca-91364/13365468

Eric T. Schneiderman, the New York State attorney general, announced Monday that his office had reached a sweeping settlement with the agencies, affecting consumers nationwide, which was prompted by an investigation that began in 2012.

"A bad credit report can make basic steps of American life difficult or, far too often, impossible."

In case you missed it, watch today's announcement of our major agreement to reform the entire ‪#‎CreditReporting‬ industry:

Published on Mar 9, 2015

In Manhattan, Attorney General Schneiderman announced a settlement with the nation’s three leading credit reporting agencies - Experian, Equifax and TransUnion - to implement groundbreaking reforms to ensure the companies improve credit report accuracy and fairness for hundreds of millions of Americans nationwide.

Read more: http://on.ny.gov/18wmsbS

And follow along on Twitter using the hashtag #AGChecksCredit.