http://www.freerepublic.com/tag/transunion/index
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I wonder if this is the same TransUnion as noted in post no. 7.
Previously...
http://www.freerepublic.com/focus/f-news/2907183/posts
Govt to supervise credit reporting for first time
AP ^ | July 16, 2012
Posted on July 16, 2012 1:31:25 PM PDT by BAW
The companies that determine Americans’ credit scores are about to come under government oversight for the first time.
The Consumer Financial Protection Bureau said Monday that it will start supervising the 30 largest firms that make up 94 percent of the industry. That includes the three big credit reporting firms: Equifax Inc., Experian and TransUnion.
In remarks prepared for a speech Monday, Richard Cordray, the government agency’s director, said that scorekeeping by credit bureaus plays such a large role in Americans’ financial lives, it requires scrutiny.
(Excerpt) Read more at hosted.ap.org ...
Not obvious at first glance how the two issues would impinge upon one another, and labor unions do like to trump up perceptions of discontent to get sympathy and support, so that seems par for the course if labor unions have their eye on Trans Union.
Credit reports being a “necessary evil” so that lenders can have good enough quantification of risk to dare to ply their business, I’d think labor unions getting involved with that could only be bad. They’d just be another clerical business. This being a lousy economy maybe not so much so, but normally, clerical workers would have a lot of choices and Trans Union couldn’t be too terrible before losing people.