John Oliver Eviscerates Credit Bureaus

In any other industry –

If 30% of the cars made by a car company were delivered to customers without wheels…

If 30% of the ladders sold to customers failed on the first use…

If 30% of the shirts or blouses fell apart on first wearing…

If 30% of the airplanes crashed…

If the construction company didn’t put covers on 30% of the manholes…

They would be on a real short trip to being out of business.

So why is it, Credit Bureaus get away with egregious errors which can ruin people’s lives, with at least 25-35% of the data they collect being false or fraudulent?

Unemployed for 6 or more months and having troubles paying bills? Well, the very same companies fix it so you can never get a job…So you CAN pay those bills. It is the electronic version of the Debtor’s Prison.

You want to save America, Ms Clinton, and Mr Trump, Cruz, and Sanders  – then the very first thing you can do to make things better for the middle class…

Is to clean up the Credit Bureaus and “Background check” Agencies and make it illegal to use credit information for hiring decisions except in very narrow circumstances.

Oliver’s Takedown –