Social Studies

Huggie

14 July, 16:45

Which of the following was a major criticism against credit reporting agencies in the 1960s?

O They falsified information and created fraudulent histories for consumers to destroy their credit scores.

Their reporting methods were very secretive and it was extremely difficult for consumers to correct credit errors.

O They charged vast amounts of money to consumers for access to their credit reports, which very few were able to pay.

O They illegally bribed organizations for information regarding consumers' credit histories.