Credit Reporting Needs to Be Essay

Open, View, and/or
Download this Document

Total Length: 496 words ( 2 double-spaced pages)

Total Sources: 2

Page 1 of 2



3. Most of the problems with regard to issues of accuracy and privacy are caused by unauthorized third party disclosure of debtor information.

A. Many times, private debtor information that is revealed to third parties in the chain of transmission from the debtor is unauthorized.

B. Due to outsourcing of various office services overseas, safeguarding of private debtor information is problematic at best.

C. The outsourcing of the handling of private debtor information to overseas parties is not covered and should be made illegal under the Fair Credit Reporting Act of 2004.

4. The amount of information gathered and considered in credit reporting should be increased.

Stuck Writing Your "Credit Reporting Needs to Be" Essay?

View All Our Example Credit Reporting Needs to Be Essay

Have A Custom Example Essay Written



A. Currently, people who should not get loans get them due to not enough information being gathered on their credit worthiness.

B. Increased information gathering would give many debtors who could not acquire credit a chance by giving them a chance to introduce more information in their favor.

C. Reform of the system will make lending more fair, efficient and secure as is happening now in Australia ("More comprehensive credit," 2004, 1) .

Works.....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Credit Reporting Needs To Be" (2011, September 12) Retrieved May 21, 2025, from
https://www.aceyourpaper.com/essays/credit-reporting-needs-45440

Latest MLA Format (8th edition)

Copy Reference
"Credit Reporting Needs To Be" 12 September 2011. Web.21 May. 2025. <
https://www.aceyourpaper.com/essays/credit-reporting-needs-45440>

Latest Chicago Format (16th edition)

Copy Reference
"Credit Reporting Needs To Be", 12 September 2011, Accessed.21 May. 2025,
https://www.aceyourpaper.com/essays/credit-reporting-needs-45440
   

Open, View, and/or
Download this Document
order custom essay example