According to F&I and Showroom, Governor Cuomo asks credit reporting agences to protect hurricane Sandy victims.
ALBANY, N.Y. — New York Governor Andrew Cuomo called on credit reporting agencies last week to not allow credit scores for Hurricane Sandy victims to suffer, but a trade group representing the agencies said it’s up to finance sources to make allowances for consumers affected by last October’s superstorm.
At the direction of the governor, Superintendent of Financial Services Benjamin M. Lawsky sent letters to FICO, Equifax, Experian, TransUnion and the Consumer Data Industry Association (CDIA), requesting that they ensure that credit scores for Hurricane Sandy victims not be ruined by the natural disaster because it was out of their control.
