skip to main content
skip to newscasts

Tuesday, December 5, 2023

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Colleges see big drop in foreign-language enrollment; Kentucky advocates say it's time to bury medical debt; Young Farmers in Michigan hope the new farm bill will include key benefits regarding land access.

view newscast page
play newscast audioPlay

The White House presses for supplemental Ukraine aid. Leaders condemn antisemitic attacks during Gaza ceasefire protests. Despite concerns about the next election, one Arizona legal expert says courts generally side with voters and democracy.

view newscast page
play newscast audioPlay

Congress has iced the Farm Bill, but farmer advocates argue some portions are urgent, the Hoosier State is reaping big rewards from wind and solar, and opponents react to a road through Alaska's Brooks Range, long a dream destination for hunters and anglers.

Consumer Groups Press for Bill to Reform Credit Reporting

play audio
Play

Friday, September 23, 2022   

Consumer groups are pressing for legislation to reform the way credit agencies handle errors on credit reports.

The calls to amend the Fair Credit Reporting Act come in the wake of an admission by Equifax last month that a coding problem caused sizable shifts in the credit scores of about 300,000 people. U.S. Rep. Al Lawson, D-Fla., is seeking bipartisan cosponsors for a bill to require credit agencies to respond to inquiries from third-party credit-repair companies or consumer nonprofits.

"Every day," he said, "banks, employees and government entities rely on credit reports to make critical decisions regarding an American's viability for home and car loans, employment and even government benefits, which are so critical today."

Equifax released a statement in August saying it has fixed the coding error but did not immediately respond to a request for comment on the bill. Right now, a loophole allows agencies to disregard correspondence on credit disputes if it doesn't come directly from the consumer.

"If agencies don't have to even touch the mail, that leaves community members that are really trying to change the game for their lives- and their kids - growing up in neighborhoods with a lot of violence," said the Rev. Andre Chapple, chief executive of the African American Empowerment Coalition in Los Angeles, a nonprofit that educates people about credit issues that can keep them from renting an apartment, buying a car or getting a job. "And they want to relocate, but they can't, because their credit score is suffering with a bunch of inaccurate things on there. It's just really unfair."

Michael Claunch, a senior adviser to the American Association of Consumer Credit Professionals, said consumers deserve access to expert help to repair their credit.

"Because the process of improving your credit is confusing, difficult and time-consuming," he said, "then third parties - such as credit repair organizations, as well as nonprofit community organizations - are needed in it."

According to the Consumer Financial Protection Bureau, 98% of the time, the big three credit-reporting agencies fail to provide relief to people who complain about errors on their credit reports.

Disclosure: Compassion & Choices contributes to our fund for reporting on Civic Engagement, Health Issues, Senior Issues, Social Justice. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
The Mecca Hills, southeast of the Coachella Valley, are part of the proposed Chuckwalla National Monument. (Bureau of Land Management)

Social Issues

play sound

California tribes are headed to the White House Tribal Nations Summit tomorrow, where they will ask Congress and the Biden administration to create …


Environment

play sound

A new report shows Maine is exceeding the home-heating goals set forth in its ambitious four-year climate plan to reduce greenhouse-gas emissions…

Social Issues

play sound

By India Gardener / Broadcast version by Nadia Ramlagan reporting for the Kent State-Ohio News Connection Collaboration. According to Attorney …


According to the Pew Charitable Trusts, more than 400,000 people nationwide received methadone as part of their addiction treatment in 2019. (Adobe Stock)

Social Issues

play sound

Senate lawmakers are soon expected to vote on the Modernizing Opioid Treatment Access Act, legislation introduced this year by Republican Sen…

Health and Wellness

play sound

A new program in Utah wants to help first responders learn to recognize and work through their traumatic life events through horsemanship. This …

Sixteen states have Employment First executive orders, and 32 states have State Agency Administrative policies/regulations in place - all in support of Employment First, according to the APSE. (Adobe Stock)

Health and Wellness

play sound

A coalition of Nevada groups is behind a statewide effort to make Nevada an Employment First state. That would align the state with a U.S. Labor …

Social Issues

play sound

Government accountability groups want increased transparency in New York criminal court decisions. This comes after a new report finds only 6% of …

Social Issues

play sound

Fewer college students are taking foreign language courses, and a new report warns this could affect how well students are prepared for a globalized …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021