Credit reporting agencies change policies to resolve States' investigations

Credit reporting agencies Experian, Equifax and TransUnion have agreed to pay $6 million to resolve an investigation by the attorney generals of 31 states into customer disputes over errors in their credit reports, fraud and identity theft. The three companies agreed to limit their marketing, wait longer before adding medical debt to a credit record, and impose higher standards on the creditors who supply them with data, among other changes.

The Boston Globe has the story.