Michael Staten holds the Take Charge America endowed chair at the University of Arizona.
The news that the three largest credit bureaus will reform their practices has been hailed as an important step in improving credit-report accuracy. But while the procedures offer greater protection and more transparency, will they truly bring about a significant decline in serious reporting errors? more »
Neil Librock is a managing director at the Berkeley Research Group.
Subprime consumer lending has reached its highest levels since the beginning of the financial crisis. Is the business, having failed to heed the lessons of the financial crisis, primed for another disaster? more »