Anna Maria Andriotis

speaker

3,396 appearances 52 recordings 1 series first heard Jul 2017 last heard Dec 2022

Anna Maria Andriotis’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · Consumers’ Missed Payments Weighing on ‘Buy Now, Pay Later’ Programs · 7 Jun 2022 podcast

The concern around consumer credit worsening, consumers' ability to

handle their debts, in particular people who have lower credit scores.

Those concerns are rising.

So overall, the ability to get approved for credit and payment plans, whether it's in this sector or other sectors, could become harder going forward.

Thank you.

Great to be speaking with you.

WSJ Your Money Briefing · Credit-Report Errors Grab Congress’s Attention · 1 Jun 2022 podcast

There was an increase in identity theft during the pandemic, as well as the payment deferment programs that came to be during the pandemic, and that both of these things created new ways for errors to get added onto credit reports. matched

Great to be speaking with you. matched

So specifically what has caused concern among lawmakers as well as at the CFPB, the agency that regulates the credit reporting firms, is the big increase in consumer complaints to the CFPB about errors on their credit reports that have not been addressed by the credit reporting firms. matched

Specifically, one of the things that Democrat lawmakers pointed out when they sent letters to the credit reporting firms informing them that they were opening up a probe into this matter are the changes that the credit reporting firms made to their complaint response processes early on in the pandemic that the lawmakers say resulted in a significant decrease matched

in responsiveness from the credit reporting firms to consumer complaints pertaining to errors on their credit reports. matched

The letter pointed out that there was an increase in identity theft during the pandemic, as well as the payment deferment programs that came to be during the pandemic, and that both of these things matched

created new ways for errors to get added onto credit reports. matched

So with identity theft, essentially fraudsters opening accounts in other people's names would result potentially in people seeing accounts on their credit reports that they themselves never opened up. matched

In addition, with the payment deferment programs, this was the first time that there was such a wide-scale availability of deferment and forbearance programs with these being rolled out. matched

during the early days of the pandemic, there was a provision in Congress's first coronavirus stimulus package that barred lenders that offered these deferment-type options from recording the missed payments as being late with the credit reporting firms. matched

So you had two things playing out simultaneously that created a potential opening for errors or more errors to get added to people's credit reports. matched

Equifax, Experian, and TransUnion did not respond to this, did not provide a comment for this when I reached out to them. matched

But the trade group that represents credit reporting firms did. matched

That's the Consumer Data Industry Association. matched

Showing 161–180 of 3,396 · page 9 of 170