We have deemed the current economic crisis "The Great Recession." Unemployment is at staggering levels, as are foreclosures and bankruptcies. As a result, credit reports are suffering.
For those of you who don’t know, your personal credit history is compiled by an oligopoly of three national credit rating agencies: Equifax, Experian, and TransUnion. These companies are the sole providers of your credit history and credit report, and as a result, single-handedly determine whether or not you are able to buy a car, buy a house, and yes, even get a job.
