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Do you think it makes sense to consider money transfers in the credit reporting process?
Assuming that there is some connection between regular remittance use and credit behavior, there would still be hurdles to incorporating the data into the credit reporting process.
(iv) the potential impact on the credit reporting process if credit repair organizations, as defined in section 1679a (3) of this title, including entities that would be a credit repair organization, but for section 1679a (3)(B)(i) of this title, are able to circumvent the prohibition in subparagraph (G).
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Some franchisers are submitting themselves to the bank credit report process — essentially getting their credit-risk language translated into banking terms — so that franchisees have a lender-friendly package ready to take to banks that might have never seen a loan application from a particular chain.
It is imperative that the federal government do more to make the credit-reporting process transparent and to protect consumers from errors.
Given the evidence, it is imperative that the federal government do more to make the credit-reporting process transparent and to protect consumers from errors that can drive up their borrowing costs and cause them to be denied jobs or be turned away by landlords.
If any of the accounts are not yours, dispute it with the credit reporting agency and begin the process for reporting identity theft on identitytheft.gov.
Current laws allow consumers access to free credit reports, but the process is cumbersome, and few consumers take advantage.
Watch out for: While some credit repair companies will tell you they can remove all negative information from your credit report through this process, that's simply not true.
The ftc has already established a toll-free hotline and even offers a standard affidavit to send to credit reporting agencies and issuers, simplifying a process that could take as long as a month to sort out.
Dispute any errors you find on your credit report (for FREE using the process outlined by the credit reporting companies).
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com