On the recordMay 14, 2010
I cannot thank our friend and colleague from Colorado enough. He has done a great job. This is a terrific idea--one that is long overdue. A lot of people have had their good names stolen from them, in a sense, as a result of the thievery that goes on with credit cards and the like, and people's credit scores have been manipulated. It is ironic that we are citizens in our country, and other people are determining whether we are creditworthy when we are buying an automobile, purchasing a home or getting a student loan. The idea that we as consumers cannot have access to these scores that people are writing about us--it is kind of offensive that we even have to go through this. It is degrading, to put it mildly. I am grateful to the Senator from Colorado for pursuing this. The fact that are going to have this on a transactional basis is a major step forward and may alleviate 80 to 90 percent of the difficulties.
