5 ms·

Experian is so powerful; you can be denied loans for buying a house if your Experian score is poor. You could have little leverage in negotiating a fair salary

Experian is so powerful; you can be denied loans for buying a house if your Experian score is poor. You could have little leverage in negotiating a fair salary at your new job because Experian told your new employer what you are currently making. And you could even be denied medical care if your Experian score is poor. Private hospitals are now consulting a secret medical credit score from Experian before you even see a doctor. As a patient you do not have access to this score, nor can you see how it is generated. All you know is that you may be denied care, or receive different care, because of it. [2] [1] https://www.experian.com/consumer-information/employment-income-verification-services https://www.experian.com/consumer-information/employment-inc... [2] https://thetoolsweneed.com/poorly-secured-medical-credit-score-could-deny-you-care/ https://thetoolsweneed.com/poorly-secured-medical-credit-sco...

gruez 4y ago
>You could have little leverage in negotiating a fair salary at your new job because Experian told your new employer what you are currently making source? According to their site they only seem to "verify" incomes, rather than providing your dox to anyone who asks. [1] https://www.experian.com/consumer-information/employment-income-verification-services https://www.experian.com/consumer-information/employment-inc...
- petilon 4y ago
  It is actually much worse than that. If your previous employer flags you as "not eligible for rehiring" then Experian is gonna tell that to your new employer: https://www.experian.com/blogs/employer-services/employment-verification-and-reference-checks-differences/ https://www.experian.com/blogs/employer-services/employment-...
  - gruez 4y ago
    Okay but where does that leave my original question? The link you provided seems to suggest that employers can't dox you without your consent. In that case what experian provides isn't really different from your potential future employer asking for your w-2 from your previous job. >If your previous employer flags you as "not eligible for rehiring" then Experian is gonna tell that to your new employer: Isn't "eligible for rehire" or "would you hire this person again" a standard question to ask when checking references? It's certainly something that can work against you, but hardly something you can solely blame experian for enabling.
    - petilon 4y ago
      > The link you provided seems to suggest that employers can't dox you without your consent. What on that page suggested that to you? > Isn't "eligible for rehire" or "would you hire this person again" a standard question to ask when checking references? The difference here is, a third-party company is providing that information about you without your consent.
      - gruez 4y ago
        >What on that page suggested that to you? The "Obtaining Authorization" heading. >The difference here is, a third-party company is providing that information about you without your consent. Do you take offense at your former employer providing the same "information about you without your consent"? More fundamentally, what makes you think you have exclusive control over the piece of information in question?
        petilon 4y ago
        > The "Obtaining Authorization" heading. Did you notice the list of things you need to "obtain authorization" for doesn't include salary? > what makes you think you have exclusive control over the piece of information in question Access to courts. If my previous employer prevents me from getting a job, then (depending on circumstances) I may be able to collect damages from them. For that reason, former employers are usually reticent about what they say. Now if a third-party provides that information and I don't even know about it, then that's an even greater encroachment on my rights.
        gruez 4y ago
        >Did you notice the list of things you need to "obtain authorization" for doesn't include salary? Did you notice that in the "Employment Verification" section, it literally says "Salary amount, if allowed"? It's pretty obvious what's happening here is that "verifying the employment" refers to validating every piece of information mentioned above, including salary. Moreover, your alternative interpretation (ie. they require authorization to tell a company that you worked for Acme corp but don't require authorization to tell people that you made $80k last year) doesn't really make sense. Finally, if you're going to allege something shady is going on, you should really find better sources than trying to read between the lines of a blog post. Something explicit from experian or a trusted source would be preferred.
- flaviut 4y ago
  Their "Verify" branding sounds like an attempt to redirect people from how it actually works. https://www.experian.com/content/dam/marketing/na/assets/im/consumer-information/product-sheets/experian-verify-for-financial-services-product-sheet.pdf https://www.experian.com/content/dam/marketing/na/assets/im/... > Experian Verify Plus > Returns income and employment information found within the last 90 days > • Experian Verify Core data > • Basic income information (gross pay, pay frequency, etc.) > Experian Verify Premium > Returns income and employment information found within the last 90 days + multi-year lookback > • Experian Verify Plus data > • Detailed income information (income breakdown, deductions, deposite information, etc.)
  - gruez 4y ago
    https://www.experian.com/blogs/insights/2021/05/introducing-experian-verify/ https://www.experian.com/blogs/insights/2021/05/introducing-... >With a consumer’s consent, lenders can request the information from Experian and an income and employment report can be delivered to lenders [...] emphasis mine
    - markdown 4y ago
      "In order to qualify for this loan, you must consent to a body cavity search which we outsource to Experian."
      - gruez 4y ago
        How's that any different than "In order to qualify for this loan, you must consent to a body cavity search which will be conducted by the guy we hired in the next room"? I suppose you can make the argument that Experian is doing a bad here by being a part of a system that helps employers get private information about you, but that seems somewhat different than the OP which implied something like "experian is gossiping about you behind your back!". It's the difference between providing cavity search as a service (with consent) compared to selling your nudes on the darkweb.
        4y ago
- tyingq 4y ago
  Not Experian, but here's a sample report from Equifax's similar "The Work Number" service. Full salary info. https://assets.equifax.com/wfs/theworknumber/assets/twn_Verification_of_Income_Sample_Report.PDF https://assets.equifax.com/wfs/theworknumber/assets/twn_Veri...
  - deleted 4y ago
    [deleted]
  - jstarfish 4y ago
    Everyone above is talking about income verification for employment, but worth noting is that state governments also contact services like these when reviewing applications for public assistance as well.

gruez 4y ago

>You could have little leverage in negotiating a fair salary at your new job because Experian told your new employer what you are currently making source? According to their site they only seem to "verify" incomes, rather than providing your dox to anyone who asks. [1] https://www.experian.com/consumer-information/employment-income-verification-services https://www.experian.com/consumer-information/employment-inc...

petilon 4y ago
It is actually much worse than that. If your previous employer flags you as "not eligible for rehiring" then Experian is gonna tell that to your new employer: https://www.experian.com/blogs/employer-services/employment-verification-and-reference-checks-differences/ https://www.experian.com/blogs/employer-services/employment-...
- gruez 4y ago
  Okay but where does that leave my original question? The link you provided seems to suggest that employers can't dox you without your consent. In that case what experian provides isn't really different from your potential future employer asking for your w-2 from your previous job. >If your previous employer flags you as "not eligible for rehiring" then Experian is gonna tell that to your new employer: Isn't "eligible for rehire" or "would you hire this person again" a standard question to ask when checking references? It's certainly something that can work against you, but hardly something you can solely blame experian for enabling.
  - petilon 4y ago
    > The link you provided seems to suggest that employers can't dox you without your consent. What on that page suggested that to you? > Isn't "eligible for rehire" or "would you hire this person again" a standard question to ask when checking references? The difference here is, a third-party company is providing that information about you without your consent.
    - gruez 4y ago
      >What on that page suggested that to you? The "Obtaining Authorization" heading. >The difference here is, a third-party company is providing that information about you without your consent. Do you take offense at your former employer providing the same "information about you without your consent"? More fundamentally, what makes you think you have exclusive control over the piece of information in question?
      - petilon 4y ago
        > The "Obtaining Authorization" heading. Did you notice the list of things you need to "obtain authorization" for doesn't include salary? > what makes you think you have exclusive control over the piece of information in question Access to courts. If my previous employer prevents me from getting a job, then (depending on circumstances) I may be able to collect damages from them. For that reason, former employers are usually reticent about what they say. Now if a third-party provides that information and I don't even know about it, then that's an even greater encroachment on my rights.
        gruez 4y ago
        >Did you notice the list of things you need to "obtain authorization" for doesn't include salary? Did you notice that in the "Employment Verification" section, it literally says "Salary amount, if allowed"? It's pretty obvious what's happening here is that "verifying the employment" refers to validating every piece of information mentioned above, including salary. Moreover, your alternative interpretation (ie. they require authorization to tell a company that you worked for Acme corp but don't require authorization to tell people that you made $80k last year) doesn't really make sense. Finally, if you're going to allege something shady is going on, you should really find better sources than trying to read between the lines of a blog post. Something explicit from experian or a trusted source would be preferred.
flaviut 4y ago
Their "Verify" branding sounds like an attempt to redirect people from how it actually works. https://www.experian.com/content/dam/marketing/na/assets/im/consumer-information/product-sheets/experian-verify-for-financial-services-product-sheet.pdf https://www.experian.com/content/dam/marketing/na/assets/im/... > Experian Verify Plus > Returns income and employment information found within the last 90 days > • Experian Verify Core data > • Basic income information (gross pay, pay frequency, etc.) > Experian Verify Premium > Returns income and employment information found within the last 90 days + multi-year lookback > • Experian Verify Plus data > • Detailed income information (income breakdown, deductions, deposite information, etc.)
- gruez 4y ago
  https://www.experian.com/blogs/insights/2021/05/introducing-experian-verify/ https://www.experian.com/blogs/insights/2021/05/introducing-... >With a consumer’s consent, lenders can request the information from Experian and an income and employment report can be delivered to lenders [...] emphasis mine
  - markdown 4y ago
    "In order to qualify for this loan, you must consent to a body cavity search which we outsource to Experian."
    - gruez 4y ago
      How's that any different than "In order to qualify for this loan, you must consent to a body cavity search which will be conducted by the guy we hired in the next room"? I suppose you can make the argument that Experian is doing a bad here by being a part of a system that helps employers get private information about you, but that seems somewhat different than the OP which implied something like "experian is gossiping about you behind your back!". It's the difference between providing cavity search as a service (with consent) compared to selling your nudes on the darkweb.
      - 4y ago
tyingq 4y ago
Not Experian, but here's a sample report from Equifax's similar "The Work Number" service. Full salary info. https://assets.equifax.com/wfs/theworknumber/assets/twn_Verification_of_Income_Sample_Report.PDF https://assets.equifax.com/wfs/theworknumber/assets/twn_Veri...
- deleted 4y ago
  [deleted]
- jstarfish 4y ago
  Everyone above is talking about income verification for employment, but worth noting is that state governments also contact services like these when reviewing applications for public assistance as well.