Senate hearing will examine credit report inaccuracies

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Senate hearing will examine credit report inaccuracies

Senate hearing will examine credit report inaccuracies

8 million Americans complained of inaccuracies last year

Consumer Affairs-

The three major credit reporting agencies are coming under increasing scrutiny, the latest a Senate hearing called for tomorrow (Wednesday) by Sen. Sherrod Brown (D-Ohio).

Brown, Chairman of the Senate Banking Subcommittee on Financial Institutions and Consumer Protection, said access to credit is critical for getting the economy back on track and creating jobs.

Brown’s office said the hearing will examine the credit reporting market, consumer understanding of credit reports, and expanding oversight of key players in the credit reporting industry.

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