U.S. Agencies Propose New Credit Reporting Rules

Law360, New York (November 30, 2007, 12:00 AM EST) -- The U.S. Federal Trade Commission and several U.S. agencies that govern the financial services industry have issued proposed rules that would help ensure the accuracy of information given to consumer reporting agencies and allow consumers to voice disputes about credit reports directly with financial institutions.

On Thursday, the FTC; the Office of the Comptroller of the Currency, Treasury; the Board of Governors of the Federal Reserve System; the Federal Deposit Insurance Corp.; the Office of Thrift Supervision, Treasury; and the National Credit Union Administration announced that...
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