Who regulates the Credit Report Companies?

I personally kind of blame these Credit report places for alot of peoples economic problems. Who watches over there tactics and who decides how many points they can take off your credit scores and why? If someone tries to help get themselves out of a jam with a credit card they penalize you more for closing it, doesn't make since, if someone tries to get rid of there debt they penalize you, if you have too much debt they penalize you, if you have no debt at all they penalize you!! Come on!! how and what gives them the right to play GOD with your life?? I think your credit score whould be readily available for you to view at anytime you wish, without paying for it too. It's already out there for everyone to see like public record so why charge us to see our own. the system is very unfair and needs to have guidelines for all to see and explainations for all us to see. It's like a secret organization or something like that.