The current platform in which consumers lending worthiness is determined is, at best, flawed, at worst, is borderline criminal.
The three credit bureaus have total control and power over every American. They hide behind intellectual and proprietary rights all while determining a scoring system that is single handedly hendering prosperity for the American people.
This system needs a total and complete overhaul as these reports, ratings, and scoring systems determine everything from your mortgage rate, interest rates, employment qualifications, and insurance rates.
If a system such as this is to be given such a power, then it needs to be a transparent, uniform, and unbiased form of financial review.
There should be a complete guideline, explanation, and step by step instructions on how this system works. The unbalanced, unregulated, and unchecked, system in its current form will be what holds the American citizen from achieving prosperity in this nation!
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