So, I was watching some news show tonight (I think it was 60 minutes) and the topic was credit reporting agencies and how it is next to impossible to get errors on your credit report fixed.
As the story went on, one of the persons had to literally sue the credit reporting agencies to get her information corrected.
I find this to be another prime example of an agency who is supposedly following the rules set forth by the government, but yet, there is no accountability. There is no person, it seems, that can actually correct information when it is wrong.
Another bit of information that I found interesting was that the credit report that is given to the consumer is different from the one given to a bank or finance company. So, what is the point of even getting your credit report if you aren't seeing the same things as the creditors.
I find the whole thing to be a complete SCAM and the whole stupid process should be stopped immediately.
How can this go on? How can the people of this country not see how completely ludicrous it is and DEMAND that the process be completely revamped.