|Received:||4/13/2006 9:24:47 AM|
|Subject:||Procedures to Enhance the Accuracy and Integrity of Information Furnished to Consumer Reporting Agencies|
|Title:||Advance Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Parts 660 and 661|
Comments:I appreciate the effort to improve how the credit reports are handled. For the first time, I received my credit report last year. To my surprise, my identity was stolen and all three credit bureaus had me owing money to collection agencies. I applaud the fact that we now can receive one free credit report a year, but that might not be enough. We should the right to be alerted immediately if something in our report looks odd. It takes time for the credit bureau to investigate the matter as well as resolve it. In the mean time, our "stellar" report is "not so stellar" if we the consumer are about to purchase a house or car. So I propose that provision to be alerted immediately if a collection is due or something doesn't appear right, and not only receiving a credit report once a year. Thank you.