To Whom It May Concern:
I am here to ask the Obama Administration (OA) to fix the credit report agencies. By fixing the credit report agencies, it will allow millions-and-millions American people to have a lower interest on morgages, loans, credit cards, student loans and much more. By fixing the credt report agencies know as credit report, it will also help our economy. For example, if you applied a credit card and you do not get approve, it will effect you in two ways, they are: lower your credt scores and put an inquiry for two years. Instead having an inquiry for two years, why not have it only for one year or less. I can understand if the credit score get effected by applying and not getting approved.
Sincerely,
On Behalf of "We the People of the United States of America".