4 ms·

Based on public court records.

• ryanmercer 8y ago
  >Based on public court records. Which to this day aren't in some central database. Many states have counties where court records aren't even available online, that's a hell of a lot different than a centralized service that compiles, ranks and sells this information. It's in a credit reporting agency's best interest to find every last scrap of financial information about you so they can sell it. They don't care so much about accuracy, they just care about growing that file so they have more to sell. There's countless instances of people having their credit reports merged with others, containing erroneous information that pertains to a parent or child if they are Bob Smith I, Bob Smith II, Bob Smith III etc, then of course you are asked for your SSN for jobs/taxes/rental applications/in many cases it is on your driver's license which is handed over to numerous people for numerous reasons making it incredibly easy for someone to steal your identity and racking up debt, that they do not pay, on YOUR credit files which can take you years to get removed, all the while being on a centralized purchasable document that is intended to say how trustworthy you are as a person...
  • sailfast 8y ago
    Handling ID Theft is certainly an area that could use improvement. It’s a total pain in the ass and the fact that we’re basically paying K&R insurance each month to hedge this risk is crazy.