16 CFR Part 610 Amendments to Rule to Prevent Deceptive Marketing of Credit Reports and to Ensure Access to Free Annual File Disclosures #545091-00038

Submission Number:
545091-00038
Commenter:
Mr. Mark Moran
State:
MA
Initiative Name:
16 CFR Part 610 Amendments to Rule to Prevent Deceptive Marketing of Credit Reports and to Ensure Access to Free Annual File Disclosures

I believe that any information about an individual, belongs to that individual. Credit reporting agencies should be required to allow us full access to our credit reports as often as we wish, in order to allow us to correct any mistakes. Once a year is insufficient as they update the file much more frequently. Credit reporting agencies should provide any score they provide to 3rd parties to the consumer, along with full disclosure of how the score was derived, fair and open scoring policies are the only way an individual can be sure that their credit worthiness is not being misrepresented. Credit advising businesses should be allowed to offer services that offer advice on how to improve one's score and to send notices of changes to one's files, but consumers should be allowed free access to their own information. Respectfully Yours, Mark Moran BSBA Accounting