Consumer Reports: Credit Scores Being Held Against Consumers; August Issue Gives Five Steps to...

Byline: Consumers Union

YONKERS, N.Y., June 30 (AScribe Newswire) -- Many people know that credit scores and credit reports are used to determine rates on loans, credit cards and insurance premiums, but the August issue of Consumer Reports warns consumers that credit histories can also be held against them when looking for a job or apartment and even getting the electricity turned on. What is more troubling is that the formula behind this all-important number is largely a mystery and the data on which it's based are often inaccurate or out of date, resulting in varying