Credit Where Credit Is Due
Jinfo Article
7th May 2013
Abstract
In contrast to investment ratings agencies such as Standard & Poors, consumer credit reporting services get a relatively clean bill of health, according to a report by the United States Policy & Economic Research Council (PERC) which compares its own assessment with another by the Federal Trade Commission. However, the low percentage of errors could still amount to a lot of missed business opportunities considering the number of credit subjects involved – a situation quite likely exacerbated by findings from FindLaw showing that over 20% of Americans have never bothered to check their credit scores for accuracy.
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