Archive | Press Releases

Indian Public Credit Registry Should be Boon for Economy: Win-Win for Borrowers, Lenders, Regulators If Done Right

A new report from the Asia-Pacific Credit Coalition (APCC) and the Policy and Economic Research Council (PERC) lauds the recommendation from the High-Level Task Force (HTF) of the Reserve Bank of India (RBI) to incrementally move forward with the development and implementation of a public credit registry (PCR) in India. The APCC/PERC report, titled “Reply […]

PERC and the US Department of Housing and Urban Development (HUD) are working on a joint-study to assess the impacts of including rental payment data in consumer credit reports.

PERC and the US Department of Housing and Urban Development (HUD) are working on a joint-study to assess the impacts of including rental payment data in consumer credit reports. There is growing support for this among policymakers as many millions of Americans struggle to build assets through homeownership and/or starting a small business. click the […]

PERC urges Congress to amend the Credit Repair Organization Act (CROA) and exempt credit education firms.

CROA–designed to protect consumers from scam credit repair firms–was never intended to apply credit education. PERC research shows that personalized credit report and score education works–many experience increased scores and move into better risk tiers. The same studies also show that CROA deters people from using personalized credit education. Many are fearful of their credit reports and […]

Information Policy Institute White Paper Examines Data Breach Notification Legislation

A recent examination of data breach notification conducted by the Information Policy Institute identifies some pitfalls in many proposed data breach notification bills and laws. The study Towards a Rational Personal Data Breach Notification Regime by Michael Turner, President and Senior Scholar of the Political and Economic Research Council, examines trends in identity theft, identity […]

Information Policy Institute encourages Congress to enact a rational and uniform national law on consumer credit file freezing

The Information Policy Institute today released a white paper endorsing the enactment of a rational and uniform national consumer credit file freeze law. “File freeze legislation enacted in the states gives roughly one-third of all Americans some ability to freeze their credit report. These laws, however, are all over the map. Given the existence of […]

IPI study examines alternatives for underserved consumers to receive better access to mainstream credit system

As many as 35 million Americans could potentially qualify for credit from mainstream lenders by using alternative financial data in consumer reports, according to a new study released today at a symposium on consumer credit hosted by the Information Policy Institute and Experianâ, a global information solutions company. “This study finds that data from utility […]

IPI President to Serve on DHS Privacy Advisory Committee

Dr. Michael A. Turner, President and Senior Scholar of the Information Policy Institute, has been selected by the Department of Homeland Security to serve on the Data Privacy and Integrity Advisory Committee (DHS Privacy Advisory Committee). “It’s an honor to be selected to serve on this committee,” said Dr. Turner. “I look forward to working […]

IPI Finds Frivolous Class Action Suits Threaten Innovation

A new report issued by the Information Policy Institute finds that the U.S. tort liability system negatively impacts innovation. Dr. Turner, President and Senior Scholar of the Information Policy Institute, explained the consequences of these high costs, “Innovation, which depends on R&D expenditures, is a key engine of economic growth. The high levels of tort […]