4 ms·
A just punishment for Experian and other credit agencies is dissolution - these companies gain value purely through rent seeking and are publicly unaccountable
by munk-a 3y ago
A just punishment for Experian and other credit agencies is dissolution - these companies gain value purely through rent seeking and are publicly unaccountable while operating in an extremely important field. Either the costs of background checks should just be shifted directly onto banks or we should have a government run public ledger of defaulted debts.