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I'm not so sure about that, the data they have just gets resold to some other party when they go bankrupt, possibly many other parties and shit gets worse.
by throwaway2048 9y ago
I'm not so sure about that, the data they have just gets resold to some other party when they go bankrupt, possibly many other parties and shit gets worse.
- stdgy 9y agoIs there any legal way to stop sales like that? If it were shown that Equifax were negligent in protecting the data on their systems, could a court demand that they remove all of the data to mitigate further harm?
- spinlock 9y agoThere are already 3 main credit bureaus who have all of your data. It's not about the data it's about how unethical they are in preventing you from controlling the data. Think about it: if every person in america put a freeze on their credit, all of these companies would go out of business because they would no longer have a product to sell. It gets even worse if you're a victim of identity theft because they cannot charge victims of identity theft to freeze or un-freeze a credit report.