There’s news from the three major credit reporting agencies… They are making changes that will immediately improve credit scores for many.
Equifax, Experian, and TransUnion, will soon remove tax lien and civil judgment data from some consumer credit records.
The removal will impact most such existing data and, going forward, the way new data must be reported from the source.
Starting July 1, public records data must include three of four data points, the consumer’s name, address, and either a social security number or a date of birth.
Existing records that do not meet this criterion will be purged from the consumer record and new data that does not include these points will not be added.
Many liens and most judgments don’t include all three or four pieces of information.
That’s it for today!
Have a good day today! …and thanks for reading.
Brett