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> You yourself provide this info voluntarily to a bank when apply for a loan. The same bank verifies it by asking your paystubs before giving you a loan. This
by yunohn 5y ago
> You yourself provide this info voluntarily to a bank when apply for a loan. The same bank verifies it by asking your paystubs before giving you a loan.
This is really harmful phrasing - blaming the individual.
> when apply for a loan
This seems like general population data, nothing specific to people who’ve taken loans.
- slt2021 5y agoI was not trying to blame the individual, sorry if it appeared that way. Mostly it is the unique messed up american system of credit information exchange where consumers have no control over how their data gets collected/used/sold. I have never signed up an agreement with Equifax to store my personal data only to get it stolen occasionally. I wish US adopted more european centric models for personal data.