Companies agree to overhaul of credit-reporting practices

The Wall Street Journal reports that the nation's largest credit reporting companies will change how they handle errors and resolve disputes over information contained in credit reports under an agreement set to be announced Monday. According to the report, the agreement involving New York State, Equifax Information Services LLC, Experian Information Solutions Inc. and TransUnion LLC will require the firms to use trained employees to review documents and further examine the source of what consumers…