Cuomo: Protect Sandy Victims’ Credit Scores
Gov. Andrew Cuomo says credit scoring and rating bureaus should make sure Superstorm Sandy victims don’t get their credit reports blemished unfairly because of financial issues from the storm.
The state Department of Financial Services Thursday sent a letter to TransUnion, Experian, Equifax, FICO and the Consumer Data Industry Association, asking the companies to make sure Sandy victims don’t see their scores lowered or their reports damaged because of the storm.
Cuomo pointed out that Sandy has put a massive financial strain on some victims, forcing them to miss mortgage or rent payments or use up their credit card limits.
This article appeared in print on page 5 of edition of Hamodia.
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