Founder & Business
Experian Snubs FTC. Who Will Win This Fight?
The FACT Act requires the FTC to improve accuracy of consumer records. Experian pushes back. A look at the opening salvo in this consumer-protection fight.
·consumer-finance, credit-reporting, ftc
The FACT Act requires that the FTC improve the accuracy of consumer records and make improvements in the use of, and consumer access to credit information. It says as much in the first paragraph.
The FTC has devised a methodology that requires experts and consumers to work together to audit CRAs for accuracy and completeness.
Note: This article was originally published on Sys-Con Media. The full text is no longer available at the original URL.
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