If the housing market problem is fixed ,then the credit bureau?

the credit bureau should need overhauling too,right or wrong?.

If the housing market problem is fixed ,then the credit bureau?

I don%26#039;t think so...The credit Bureau use FICO scoring which have been a good predictor of credit. It is the banks and individual who gave and took loans with out seeing income and people buying home they could not afford to begin with. The last people to blame are the credit bureaus.

If the housing market problem is fixed ,then the credit bureau?

The credit bureaus have nothing to do with the current real estate woes....but you can blame mortgage brokers, lenders, Realtors, brokerage firms, wall street and most buyers who allowed their emotion and greed to cloud their judgment. The bureaus report credit data and had nothing to do with what others did with that data.

If the housing market problem is fixed ,then the credit bureau?

I firmly believe that the credit bureaus only report the results of the current economic situation. There are some changes forthcoming to the way the bureaus will report authorized user accounts and they are working to better report the accounts of people that use their credit but pay timely.

see the federal trade commission to get the updates directly from the source. Hope this helps