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I'm a big free market guy, but the idea of a private entity profiting off of collecting my personal financial information (and charging ME to have some degree o
by cheeseomlit 9y ago
I'm a big free market guy, but the idea of a private entity profiting off of collecting my personal financial information (and charging ME to have some degree of control over it) is absolutely insane
- rixrax 9y ago+1. If ever there was a place for a not-for-profit federal organization, this is it. Edit: Like others have pointed out, it's just beyond believe what information these CRAs hold on us.
- deleted 9y ago[deleted]
- njarboe 9y agoI don't think most people would care about having their info collected if they did not fear that the information would be corrupted with lies from banks who have been the victims of loan fraud. If credit reports only had true information, "identity theft" would not exist. Somehow the banks get away with lying to the credit bureaus about you defaulting on loans. And the credit bureaus are not penalized for propagating the lies. Not sure why a law can't be passed to fix this propagation of lies. Free speech limitations?