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> It's a finer point, but if I have authorized Chase Bank to share data with a credit reporting agency, does that mean I have also authorized the credit reporti
by rootlocus 9y ago
> It's a finer point, but if I have authorized Chase Bank to share data with a credit reporting agency, does that mean I have also authorized the credit reporting agency to retain that data? I don't think it does.
I think you're placing too many constraints on a hypothetical contract just to support your initial argument. Most likely the contract is carefully written in such a way that it's legal for them to do whatever they wanted to do with your data to begin with. It's pointless arguing over what ifs.
- yebyen 9y agoOnly in America. They could not store personal information about us without obtaining permission in Europe, and we would have the right to revoke it for any reason as well. This is not normal, it is dysfunctional. I'm not arguing that it's not legal, I'm arguing that they need to lose their license. (Never mind that no such licensing requirement exists. Like I said, it's a dysfunctional system, and I don't know why we don't have more than 3 credit reporting agencies. It sounds like a great gig!)