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Tag Archives: CDIA

Consumer Data Quality Issues: CDIA Response to ’60 Minutes’

The US news media corporation CBS aired a program on ‘60 Minutes’ concerning the recent FTC study that up to 40 million Americans have mistakes on their credit reports.  The ’60 Minutes’ correspondent Steve Kroft reported on why little is being done to fix the errors. The US based Consumer Data Industry Association (CDIA) published its response to the somewhat ... Read More »

Credit Bureau Data Quality

Credit report data are highly accurate and reliable. Various studies have determined the accuracy rate of credit reports exceeds 98 percent. In short, consumers are served exceptionally well by the accurate and complete information contained in their credit reports that enables them to purchase on credit those goods and services that are important to the well being of their families. ... Read More »