Last Week Tonight with John Oliver: Credit Reports

Last Week Tonight with John Oliver: Credit Reports

John Oliver on the Credit Reporting Industry

Earlier this month, HBO's John Oliver of Last Week Tonight did a segment on credit reports. The segment highlights studies which report major problems in the credit reporting industry. The studies reveal that credit reports contain a shocking number of errors. One study found that 25% of consumers had errors in their credit reports. That means that 1 and 4 credit reports have an error. The study further states that 1 and 20 credit reports contain sufficient errors that would make a consumer pay more for a car loan or a mortgage. Credit report errors vary by type and may be serious enough to deny an application for credit, housing or employment.

Duke Energy Reported False Credit Info on 500,000 + Customers

Cento Law is currently investigating Duke Energy for potential violations of the Fair Credit Reporting Act. Last week, the US's largest electric power holding company, Duke Energy, issued a press release notifying customers of a payment reporting error.  The inaccurate reporting dates back to 2010. Approximately 500,000 Duke Energy customers in Indiana, Ohio, and Kentucky have been affected.

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Are Consumers Ordering Credit Reports Online From Experian Being Billed For Monthly Credit Report Service Without Their Consent?

Possible Unauthorized Charges By Experian Cento Law is currently investigating claims that Experian, a national consumer reporting agency, directly or indirectly through its various other websites, such as,,,,, may be charging consumers for credit reports or credit reporting services without their authorization and consent.