(Reuters) - New York Attorney General Eric Schneiderman reached a settlement with the three biggest U.S. credit-reporting agencies in a deal that will change the way they handle errors and treat medical debt. Under the agreement, set to be announced on Monday, Equifax Information Services LLC, Experian Information Solutions Inc and TransUnion LLC, will be more proactive in resolving disputes over information contained in their reports. The three credit-reporting agencies (CRAs) collect and provide credit information on more than 200 million consumers in the United States. Credit reports provided by the CRAs are used to assign numerical ratings called "credit scores," which help lenders determine whether they should grant loans to consumers and at what interest rates.
via Health News Headlines - Yahoo News
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