Times Report: Credit Bureaus Willing to Tolerate Errors, Experts Say

by Jeff Sovern

Here.  The article reports on the case on which we previously blogged in which a woman won an $18.6 million verdict under the Fair Credit Reporting Act.  And it provides more support for the reforms Ira Rheingold and I argued for in our recent Times op-ed: requiring credit bureaus to be more careful in matching files; granting consumers the power to seek injunctions; requiring greater accuracy in credit reporting; and requiring better investigations when errors are reported.