Fixing Your Credit Report Should Be Easier Now

A Tennessee-backed settlement with the nation’s three largest credit reporting agencies should make fixing errors on consumer reports easier.

The deal between the credit reporting services Equifax, Experian and TransUnion and 31 states — including Tennessee — was announced last week by Ohio Attorney General Mike DeWine. The deal calls for the trio to pay $6 million to participating states, but, more importantly, they have agreed to fix disputed information on credit reports more quickly, wait longer before adding medical debt information and to look more closely at credit information provided by outside entities. The changes are to take place (continue reading)

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