Credit Reporting Program
In August 2006, DTE Energy began reporting payment information to the major credit bureaus on all of its 2.5 million customers without offering the ability to opt out, making it one of the few utilities in the US to do so. Previously, only seriously delinquent accounts were reported.
Groups, such as the NAACP, protested this change, on the basis that such a policy would benefit those who have no problems paying their bills, but would hurt those who are the most vulnerable economically and most likely to miss a payment, such as the poor, elderly, and disabled. This, in effect, would hurt their credit rating, and further hamper their ability to advance in society.
In January 2007, DTE Energy changed the policy to state that only payments 60 days or more overdue would be reported to the credit bureaus.
Read more about this topic: DTE Energy
Famous quotes containing the words credit, reporting and/or program:
“Japanese mothers credit effort as the key determinant of a childs achievement in school, while American mothers name ability as the more important factor.”
—Perry Garfinkel (20th century)
“I have been reporting club meetings for four years and I am tired of hearing reviews of the books I was brought up on. I am tired of amateur performances at occasions announced to be for purposes either of enjoyment or improvement. I am tired of suffering under the pretense of acquiring culture. I am tired of hearing the word culture used so wantonly. I am tired of essays that let no guilty author escape quotation.”
—Josephine Woodward, U.S. author. As quoted in Everyone Was Brave, ch. 3, by William L. ONeill (1969)
“Utah is the only State that gives condemned men a choice between death by hanging or before a firing squad. Most prisoners prefer the firing squad, but one obstinate convict in 1912 elected to be hanged because hanging is more expensive to the state.”
—State of Utah, U.S. public relief program (1935-1943)