US Credit Report agencies should fear the FinTech?


John Oliver presents the frightened story about the US Credit Reports

  1. 47% of the US employers conduct credit checks of their future employees
  2. Director at TransUnion claims that there is no correlation between the credit report and the performance of a person
  3. It takes up to 6 years to correct false credit reports
  4. the FTC (Federal Trade Commission) has no clue how many credit reports companies exist in the US
  5. Since 1991, TV reports claim that ~25% of the credit reports are false
  6. FTC claims that 5% of the credit reports are false or ~10 Mio US citizens, the Belgian population
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