July Current Events & News For Partners

Via INSIDER:

Can You Get A New Social Security Number?

Summary:

Yes, you can get a new social security number if you’re a victim of identity theft of abuse. However, changing your social security number can create major problems for the accuracy of information reported on your credit profile.

Read Article: https://www.businessinsider.com/personal-finance/can-you-change-social-security-number

Via JD Supra

U.S. Supreme Court To Review Scope Of Sovereign Immunity Defense To FCRA Lawsuits

Summary:

Can the US. Government be held liable as a data furnisher under the Fair Credit Reporting Act? The Supreme Court will hear the case starting in October.

Read Article: https://www.jdsupra.com/legalnews/u-s-supreme-court-to-review-scope-of-8289830/

Via Cision PR Newswire

VantageScore CreditGauge™ May 2023: Delinquency Rates Rise Year-Over-Year Across All Credit Products, Days Past Due Categories

Summary:

Delinquency rates are rising year over year, while loan originations are slowing down across multiple industries.

Read Article: https://www.prnewswire.com/news-releases/vantagescore-creditgauge-may-2023-delinquency-rates-rise-year-over-year-across-all-credit-products-days-past-due-categories-301866856.html