5 ms·
This is PRECISELY why Equifax needs to have the hammer dropped on them: they are screwing the people who need a break the most, and this is in situations where
by mikece 4y ago
This is PRECISELY why Equifax needs to have the hammer dropped on them: they are screwing the people who need a break the most, and this is in situations where people cannot select a credit reporting agency. Equifax an involuntary monopoly where service providers/retailers only use Equifax (or use them and one other agency but default to the lower credit score because reselling those loans nets more of a referral fee to the dealer/retailer in question).
- feet 4y agoThe same is true about policing and ticketing/fines. I know this is a bit of a tangent, but people who are already on hard times are the ones getting policed and fined the hardest and they're the ones that fines and penalties have the biggest impact on.