A New Watchdog for Credit Bureaus

When it comes to credit report errors, a new federal agency has your back.

Big Brother is watching ... your finances. The three major credit-reporting companies—Equifax, Experian and TransUnion—maintain files on roughly 220 million Americans. If the information about you is not accurate, you could be forced to pay a higher interest rate, or you could be rejected for a credit card or loan.

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Senior Reporter, Kiplinger's Personal Finance