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WASHINGTON, March 2, 2021 /PRNewswire/ The three nationwide consumer credit reporting agencies are extending free weekly credit reports to Americans for an additional year until April 20, 2022. This will continue to help people across the country manage their financial health during the ongoing hardship caused by COVID-19.
Under federal law, all consumers are entitled to obtain one free credit report every 12 months from each of the three national consumer reporting agencies, and under other special circumstances. At the start of the pandemic, however, the agencies increased the frequency to weekly for a one-year period to help Americans understand and manage their financial health.
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More consumers complain about errors on their credit reports
By Ann Carrns New York Times February 27, 2021 9:31am Text size Copy shortlink:
Add this to the financial fallout from the pandemic: More consumers are complaining about errors on their credit reports, and many are frustrated when trying to fix the mistakes, according to federal complaint data.
In 2020, consumers filed more than 280,000 complaints about credit reporting issues more than half of all complaints received last year by the Consumer Financial Protection Bureau, said Syed Ejaz, a policy analyst for Consumer Reports.
The number of credit-reporting complaints more than doubled from 2019, according to the agency s online compla
More Consumers Complain About Errors on Their Credit Reports
Complaints doubled last year, federal data shows. Some problems may be related to pauses in mortgage and student loan payments in the pandemic.
Credit.Till Lauer
Feb. 19, 2021
Add this to the financial fallout from the pandemic: More consumers are complaining about errors on their credit reports, and many are frustrated when trying to fix the mistakes, according to federal complaint data.
In 2020, consumers filed more than 280,000 complaints about credit reporting issues more than half of all complaints received last year by the Consumer Financial Protection Bureau, said Syed Ejaz, a policy analyst for Consumer Reports.
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