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Thanks, I misspoke. IANAL but I still think Equifax itself is in the wrong. You can't expect businesses that deal in credit to skip due diligence on their cust

Thanks, I misspoke. IANAL but I still think Equifax itself is in the wrong. You can't expect businesses that deal in credit to skip due diligence on their customers. Equifax (and the other 2) get to define creditworthiness for all these other businesses.

abraham_lincoln 8y ago
That would be libel, then.
g051051 8y ago
> Equifax (and the other 2) get to define creditworthiness for all these other businesses. They do not. The CRAs provide the information, and the individual businesses decide what their limits are. A lot of businesses standardize on FICO scores, which just use CRA data. So a business decides what's acceptable, based on the info from CRAs and the model from FICO.