I just finished reading through the 2015 settlement agreement between the AGNY/BCFP and the credit bureaus.
https://ag.ny.gov/pdfs/CRA Agreement Fully Executed 3.8.15.pdf
That truly seems to be a breakthrough in credit reporting and credit repair.
However, I'm curious to know if this settlement has actually changed the credit reporting industry.
This seems to only relate to NYers. Did non-New Yorkers benefit from this as well? Can they use this settlement to their advantage?
Did the credit bureaus honor this settlement? Do they now send supporting documents provided by consumers with disputes via e-Oscar?
And if so, do creditors bother to read them at all?
Or, despite this settlement, are the credit bureaus and creditors still basically the same?
Perhaps, outside of New York, they're acting as if this settlement never happened?
As in, auto-rejecting disputes the majority of the time via e-Oscar? (Unless legally required not to.)
Would love to hear from the legal experts out there. What are your thoughts?