Most people are familiar with the “big three” consumer reporting agencies, namely Experian, TransUnion, and Equifax. But there are dozens of other credit bureaus that most folks have never heard of. These specialty consumer reporting agencies can have a tremendous impact on a person’s ability to rent or lease an apartment or home, to get a job or promotion, or to obtain insurance.
The Consumer Financial Protection Bureau announced that it had sent warning letters to many of these specialty agencies, reminding them of their responsibility under the Fair Credit Reporting Act to provide consumers with free annual credit reports. The CFPB reminded these credit bureaus that the must provide consumers with a toll-free number and an easy way to obtain their free reports. Moreover, the CFPB informed the companies that they may face an enforcement action if they do not comply.
You can download a list of consumer reporting agencies, including phone numbers and addresses, from the CFPB website.