4 ms·
> What is wrong is being liable for a debt (or whatever) because a creditor failed to properly verify the identity of a borrower You're never liable for a debt
by anon291 4y ago
> What is wrong is being liable for a debt (or whatever) because a creditor failed to properly verify the identity of a borrower
You're never liable for a debt you didn't sign for. If someone else used your information, don't pay it. The court will always side with you.
- lotsofpulp 4y agoHaving to spend time and money to deal with the courts is a liability. Also, credit and credit reporting is utility/infrastructure with how life is lived, including access to a place to live. So much that the federal government obligated credit reporting agencies to provide people an annual report. Having to spend time and money to fix it is also a liability, in my opinion.
- anon291 4y agoNo need to deal with courts. Just ignore it.