4 ms·
This is where the US is heading if we continue our down our current path. I wouldn't be surprised if Microsoft started sending data from linkdin to the credit a
by swiley 6y ago
This is where the US is heading if we continue our down our current path. I wouldn't be surprised if Microsoft started sending data from linkdin to the credit agencies.
- deleted 6y ago[deleted]
- sneak 6y agoHeading? All large financial transactions, including loans (the topic of TFA) in the US are already reported to the state.
- derivagral 6y agoI wonder if they'll broker this exchange; if the state says you can get the data, do you go to Alipay or the state's version of Clearbit?
- johncla99 6y agoSorry...TFA? What's that?
- artificialLimbs 6y agoThe F*king Article
- tonyedgecombe 6y agoThere is no ‘*’ in the word fucking.
- karmasimida 6y agoWon't IRS have full access to people's financial history anyway? Borrowing is taxable.
- gruez 6y ago>Borrowing is taxable. it is?
- pbk1 6y agoLenders can and do buy this kind of data to underwrite their borrowers (credit cards, BNPL, student loans, mortgages, etc.). They don't need to get it from credit bureaus. Anyone who is underwriting off of bureau data alone is a decade (or more) behind state of the art at this point.
- MichaelZuo 6y agoSo... there already is a quasi-social credit system in place for anyone purchasing insurance in America?