Senator Warren Questions Three Major Credit Bureaus on Student Loan Reporting
Senator Elizabeth Warren said she led other senators in questioning Experian, TransUnion, and Equifax on the companies' plans to prevent student loan credit reporting. "Given that federal student loan servicers have systematically reported inaccurate data to credit reporting companies in the past, and that the dismantling of the Department of Education has vastly reduced federal oversight over servicers, we are concerned that servicers may be failing to report fully accurate data to your companies," wrote the lawmakers.
