Lol! Yep everyone gets great scores, free college, free healthcare, a house and a 50k salary and working is optional.......More complaining in DC.
How would that track Janus?
Generally as we spend more in the public sector that goes into individual pockets somehow (usually in the form of a paycheck from a job): why would consumer debt be tied to that? Ostensibly it would be flat or down.
I am not sure if the rising consumer debt on credit cards has much to do with anything other than consumers treating credit cards like free money unfortunately.
Generally as we spend more in the public sector that goes into individual pockets somehow (usually in the form of a paycheck from a job): why would consumer debt be tied to that? Ostensibly it would be flat or down.
I am not sure if the rising consumer debt on credit cards has much to do with anything other than consumers treating credit cards like free money unfortunately.
I'm would like to see what congress is proposing. From the sounds of it any detalied information won't be available for some time.
The CRAs need to be held accountable for the security of our information, but as to the the accuracy of the information itself that is the responsibility of whoever supplies it. The CRA have to take either the our word or the creditors word for the accuracery. If they simply took the consumers word that an item was inaccurate then a lot of accurate negitive information would dissapear from CRs because the consumer wanted it gone.
If too much accurate negitive information dissapears from consumer's CRs then the risk will increase for the creditors and the cost of credit to the consumer would increase.
IMO instead of looking to the CRAs to insure it is accurate congress should be looking at the creditors to provide accurate information.
