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Credit Groups Scrutinized in Senate Hearings on Credit Reporting
Washington AP A Senate committee chaired by Philip Hart will hold hearings Tuesday and Wednesday on credit reporting firms its impact on lending hiring and consumer protection Testimony will include three individuals who claim misdealing by major credit bureaus and details of alleged careless reporting conflicts of interest and market concentration Retail Credit and Credit Bureaus Inc seek acquisitions as government probes widen Spokesman W Lee Burge says abuses exist but regulation could harm the industry
MENTIONED IN THIS ARTICLE
Senate
Gibcommittee
Michigan
Philip A. Hart
Fromer
Retail Credit, Co
Atlanta
Justice Department
Retail Credit
Credit Bureaus Inc
Georgia
California
Francis Smith
W. Lee Burge
Burge
Robert W. Biccum
Harry C. Jordan
Credit Data Corp
House
TRW Inc
Credit Data
John L. Spafford
Associated Credit Bureaus of America, Inc