Opinion: A Low Score for Credit Bureaus(Aug. 18) -- When President Barack Obama signed the financial reform bill into law in July, it definitely seemed like a sign of real change. But, as it stands now, it just looks like more of the same.
We all want to see Wall Street excesses reined in and a future financial collapse avoided, but, as it turns out, the new reforms do next to nothing to address one of the biggest sources of frustration and hassles for everyday consumers: the credit bureaus.
Big whoop. For way too long now, the Big Three have been able to operate with an air of impunity when it comes to the sadistic pastime of keeping us struggling like Sisyphus, trying to push old, or completely fabricated, items off our all-important credit reports. And this new law does little to change that.
