Rep. Maxine Waters adds a new target to Democrats' list: credit agencies
A bill drafted by the California Democrat would aim to expand free access to consumer reports and credit scores. It would also allow consumers to more easily contest inaccuracies in credit reports, as well as impose additional oversight of credit scoring models and limit the use of credit checks for employment purposes.
Another bill introduced by Waters and other Democrats would prevent adverse financial information such as late student loan payments from being added to credit reporting for impacted federal employees and contractors during government shutdowns and for three months afterward. Equifax CEO Mark Begor contended it isn't needed"because there's other tools in place to support those impacted government employees.
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