Credit reporting accuracy is a renewed priority at the CFPB, with a reawakened focus and expected ramp up in enforcement actions. Last year saw the return of multi-million-dollar fines related to FCRA violations and credit reporting, and credit reporting complaints to the CFPB were up 107% (59% of all complaints).
Our Data Quality Scanner® Solution (DQS) is the most powerful solution available to help you improve your credit reporting accuracy, and it has already proven its value in over 5 years of commercial use and many regulatory exams. DQS was developed from scratch for data furnishers, and it shows: It helps you proactively self-identify and resolve account-level discrepancies before they become disputes, complaints, or regulatory risks.
