Can We the People just fire this clown?
Of course almost no merchant follows this part of their agreement.
"The Fair Credit Reporting Act, which governs credit reporting, says that only a state's attorney general can sue a creditor for furnishing inaccurate information. But if the creditor doesn't fix the inaccuracy permanently and in a reasonable time, you can sue, even though the Fair Credit Reporting Act doesn't explicitly give you that option."
The reason that people can sue is on the grounds of the CRA not fixing inaccurate information. The article makes it very clear that the public uses those grounds to sue, not the grounds of providing inaccurate information. So yes you can sue and it happens all the time, people win quite often against the CRA's when they do their homework. Especially effective in a few states like Texas and California where you can also use State level laws in addition to the federal.
Check out creditboards.com and the ficoforums.myfico.com and you will find multiple success stories of people suing one or more of the CRA's.
I can also say that from personal experience that merely making the threat to the CRA that you will be suing them in small claims court with proper citations will cause the CRA to fix their errors.
The only real issue here is that Obama promised the most transparent administration in history. Instead we have leak after leak showing that it is the most opaque administration. Not to mention corrupt and surprisingly the one area the Administrator isn't incompetent in, is the prosecution of killing terrorist.