Consumer Reporting Agencies Collecting Credit Information

November 6, 2013 10:00 AM
Consumer Reporting Agencies Collecting Credit Information
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" BOSTON (CBS) — Lauren Kantor of Swampscott knows exactly what she’ll find on her credit report.

“I often check the credit to see where the score is at and if there’s anything new on the report that I should know about,” she said.

But she didn’t know there are also companies tracking her consumer report. “I find that absolutely crazy. I had no idea.”

There are hundreds of consumer reporting agencies collecting information on potentially millions of consumers. The information can be collected from court files or companies you do business with.

Information like if you pay the electric bill on time, if you’ve ever had a problem with a landlord, even what kind of prescription drugs you buy.

And it’s all legal "

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