Your Credit Score May Soon Look Better

2017-06-26 2

Your Credit Score May Soon Look Better
By STACY COWLEYJUNE 26, 2017
About 12 million people will get a lift in their credit scores next month as the national credit reporting agencies
wipe from their records two major sources of negative information about borrowers: tax liens and civil judgments.
“We’ve filed hundreds of lawsuits over this,” said Leonard Bennett, a consumer lawyer in Alexandria,
Va. “Comprehensively fixing it hasn’t been something the industry has prioritized.”
That began to change two years ago, when a coalition of 31 state attorneys general cracked down on the credit bureaus
and negotiated a deal that required sweeping changes to their practices.