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Address the way the three credit bureaus operate and report to businesses and individuals.

Created by J.D. on November 28, 2012

With the way the economy is going, I believe that one avenue to take in the recovery process would be to address the inconsistancy of the three major credit bureaus, Experian, Trans Union and Equifax. I believe that if the three credit bureaus were to have a uniform way of calculating and reporting consumer credit worthiness, or maybe even have only one credit bureau, then there would be less issues with descrepancies between the three bureaus. For example, Experian may show a score of 700 snd Equifax a score of 620, Why the big descrepancy? As we all know, the ability to obtain credit is huge throughout one's life and it is also what helps run our economy. If the White House could take time to look at this issue it would definitely be a step forward towards recovery.

Economy & Jobs
Government & Regulatory Reform
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