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Same here.. I applied for a loan and they found that Equifax doesn't even have my report (although the other two do). After countless phone calls they agreed to
by jitix 9y ago
Same here.. I applied for a loan and they found that Equifax doesn't even have my report (although the other two do). After countless phone calls they agreed to start the investigation and then the hack happened. The whole concept of private credit bureaus (that to multiple ones whose data dont match up) is fucked up. I think the federal govt should step in an put a stop to this.
- rothbardrand 9y agoThe federal government is the reason it is this way-- the FCRA "Fair credit reporting act" is what give this bureaus virtual immunity from liability for propagating false information and the like. This is a great example of where regulation is anti-consumer because the regulations that pretend to protect consumers provide very little protection for consumers and a great deal of protection for the CRAs.