COLUMBUS, Ohio - Americans are virtually powerless to correct damaging mistakes in their credit reports due to loopholes and obstacles in the federal law governing credit-reporting agencies, an Ohio newspaper reported Sunday. full story ![]()

About 10 million consumers have serious errors on credit reports, an FTC study has found. A government-run one-stop shop to correct these errors would help.About 10 million consumers, through no fault of their own, have serious errors on their credit reports, raising troubling questions about people's ability to secure loans and the fairness of interest rates they're charged.
latimes.com (3 months ago)

Do we finally have the story straight? For years there's been an ongoing debate about accuracy of credit reports. Various studies have claimed that 3 to 25 percent of reports contain errors. The study released in May 2011 by the Policy and Economic Research Council claimed that 19.2 percent of credit reports contain errors, but less than 1 percent of corrected errors led to...
huffingtonpost.com (2 months and 18 days ago)
Filed under: Credit, Credit Reports, FTCBy MANDI WOODRUFF The Federal Trade Commission just released a report on the credit reporting industry that could spell trouble for tens of millions of consumers. When the agency reviewed 1,000 consumers' credit reports, it found 25 percent of people had at least one error that could negatively impact their credit score. And once the...
dailyfinance.com (3 months and 5 days ago)
One in five consumers had an error in a credit report issued by a major agency, according to a recently released government study.The Federal Trade Commission study also said that 5 percent of the consumers identified errors in their reports that cou...
readingeagle.com (3 months and 3 days ago)
The Federal Trade (FTC) commission released the results of a study yesterday, Feb. 11, that reveled credit reports issued by the three major credit reporting agencies contained errors that could affect the cost of borrowing for American consumers....
examiner.com (3 months and 6 days ago)
WASHINGTON — A government study says one in four consumers had an error in a credit report issued by a major agency.The Federal Trade Commission study also says 5 percent of the consumers identified errors in their reports that could lead to them paying more for mortgages, auto loans or other financial products.The study looked at reports for 1,001 consumers issued by the...
bostonherald.com (3 months and 7 days ago)
Last month, the Federal Trade Commission released a new study that found a whopping 26 percent of people identified at least one error on their credit report. And it wasn't just people crying wolf -- even the notoriously difficult credit bureaus agreed with the consumers 79 percent of the time and made at least some changes to their credit reports. About half of those...
huffingtonpost.com (2 months and 10 days ago)
ERRORS HAPPEN: A Federal Trade Commission study has found that one in four consumers surveyed discovered an error in at least one of their credit reports from the three major credit bureaus.
miamiherald.com (3 months and 7 days ago)
Credit report errors common, FTC finds by Jim Puzzanghera Los Angeles Times Published Feb 11, 2013 04:05PM MDT WASHINGTON • About 1 in every 20 consumers have significant errors on their credit reports that could cause them to pay more for auto loans and other financial products, according to a Federal Trade Commission report released Monday. The study also found that about...
sltrib.com (3 months and 7 days ago)
The CBS show “60 Minutes” recently aired a segment regarding the credit reporting agencies and highlighted how millions of Americans have significant errors on their consumer credit reports.
palmbeachpost.com (3 months and 2 days ago)
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