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COLUMBUS, Ohio (AP) — An Ohio newspaper reports that Americans are virtually powerless to correct damaging mistakes in their credit reports due to a failure of federal law to regulate credit-reporting agencies.The Columbus Dispatch published Sunday the first of a four-part series looking at the three largest national credit-reporting agencies. The report says that even basic errors such as misspelled names have wrongly denied thousands of people the chance to buy homes or even open a checking account.The newspaper analyzed nearly 30,000 consumer complaints to the Federal Trade Commission over 30 months beginning in 2009 and to attorneys general in 24 states.A trade group representing the credit-reporting agencies says they strive daily to keep accurate information.___Information from: The Columbus Dispatch, http://www.dispatch.com
