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Occupy Wall Street Wants The CFPB To Fix Our Credit Reporting System

The Alternative Banking group of Occupy Wall Street is looking to Richard Cordray, director of Consumer Financial Protection Bureau, to revamp our credit scoring system. In a letter sent last week, the group made 10 suggestions for what the CFPB should do as it takes over rule-making under the Fair Credit Reporting Act. Here's a quick look: Credit scores should be calculated using a model that is public and freely available.
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