Being brutally honest: because Equifax and similar agencies always engage in politics. They lobby politicians, they have people on staff on alert should any leg

Being brutally honest: because Equifax and similar agencies always engage in politics. They lobby politicians, they have people on staff on alert should any legislation related to this topic come up, etc. Angering these companies carries political costs. The typical individual is not engaged in the political process, and if they pay attention to this subject, they do so for an ephemeral amount of time. Individual voter's anger has no consequence. Our system is optimized to privatize gains and socialize losses.