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Tracking is different than having your score data stored somewhere. Do you have a source for your "no" by the way? I'm genuinely curious.

by caio1982 9y ago

username223 9y ago
I don't have a source, but you are the subject of Equifax's business, not a participant, so you have very little say. They scrape public data, and buy data from credit card issuers, store "loyalty" programs, etc. For the little you can do, see here: https://en.wikipedia.org/wiki/Credit_reporting_agency#United_States https://en.wikipedia.org/wiki/Credit_reporting_agency#United... Note that there are all sorts of unregulated ways in which companies (e.g. Facebook) use CRA data.
kevin_thibedeau 9y ago
All of your consumer activity is sold to data brokers. All of your financial transactions involving credit instruments is sold to data brokers. They then package your data into a profile and sell it to marketers who want to target different demographic slices and compare against competitors. Most people don't have a listing in any phone books these days yet you can type in a name and get credible hits from whitepages.com. Where do you think they get that data on names and where people live when you've never had a business relationship with them?
astura 9y ago
The "source" is 99.99% of financial-y things you do use data brokers, if not Equifax specifically. Got a bank account? You're in ChexSystem and/or Early Warning. Ever had a car loan? Credit card? Student loan? Mortgage? You're in TransUnion, Equifax, and Experian, plus more. Got a job at a large company? Your more likely than not to be in The Work Number. Ever return an item to the store? You're probably in The Retail Equation. Ever have car insurance, renter's insurance, and/or home owner's insurance? You're in LexusNexis. It's virtually impossible, unless you live on a homestead completely off the grid, to avoid these data brokers knowing things about you.

Tracking is different than having your score data stored somewhere. Do you have a source for your "no" by the way? I'm genuinely curious.

username223 9y ago

I don't have a source, but you are the subject of Equifax's business, not a participant, so you have very little say. They scrape public data, and buy data from credit card issuers, store "loyalty" programs, etc. For the little you can do, see here: https://en.wikipedia.org/wiki/Credit_reporting_agency#United_States https://en.wikipedia.org/wiki/Credit_reporting_agency#United... Note that there are all sorts of unregulated ways in which companies (e.g. Facebook) use CRA data.

kevin_thibedeau 9y ago

All of your consumer activity is sold to data brokers. All of your financial transactions involving credit instruments is sold to data brokers. They then package your data into a profile and sell it to marketers who want to target different demographic slices and compare against competitors. Most people don't have a listing in any phone books these days yet you can type in a name and get credible hits from whitepages.com. Where do you think they get that data on names and where people live when you've never had a business relationship with them?

astura 9y ago

The "source" is 99.99% of financial-y things you do use data brokers, if not Equifax specifically. Got a bank account? You're in ChexSystem and/or Early Warning. Ever had a car loan? Credit card? Student loan? Mortgage? You're in TransUnion, Equifax, and Experian, plus more. Got a job at a large company? Your more likely than not to be in The Work Number. Ever return an item to the store? You're probably in The Retail Equation. Ever have car insurance, renter's insurance, and/or home owner's insurance? You're in LexusNexis. It's virtually impossible, unless you live on a homestead completely off the grid, to avoid these data brokers knowing things about you.