|Received:||11/7/2004 10:09:50 AM|
|Agency:||Federal Trade Commission|
|Rule:||Advance Notice of Proposed Rulemaking, Request for Comment|
|Docket ID:||RIN 3084-AA94|
Comments:The CRA's have made, and continue making money by supplying credit reports of individuals for years, during which time they have been noted for failing to correct incorrect reports, or even to provide reports to affected parties, at great cost to tax payers. Now the FTC in its wisdom has determined the CRA's have to provide a free report to everyone upon request. The fee for the credit score should also be provided free, especially as there is not a common method for calcualting this score, and it now affects everyone's life in many ways, even insurance costs!