Lawmakers Demand Answers About Growing Number of Unfixed Mistakes on Credit Reports

Four U.S. senators sent letters grilling the nation’s major credit bureaus on Thursday after a ProPublica investigation showed two of the bureaus were fixing fewer consumers’ credit reports.

The letters came in response to a ProPublica investigation from March, which found that two of the three major credit bureaus — TransUnion and Experian — had substantially scaled back how often they provided relief to complaints filed through the Consumer Financial Protection Bureau. The decline in relief coincided with the Trump administration’s attempts to conduct mass layoffs at the CFPB and roll back much of its oversight of the financial sector.

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