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Not all data brokers are sketchy, some are very good. Data brokers help assess who is creditworthy and lowers rates for more trustworthy people, and allow the c
by arpinum 10mo ago
Not all data brokers are sketchy, some are very good. Data brokers help assess who is creditworthy and lowers rates for more trustworthy people, and allow the creation of more specialty lending products.
- breadwinner 10mo agoAre Experian, Transunion and Equifax included in the one-click deletion?
- varenc 10mo agoThey don't let you delete credit history data unless it's incorrect. But you can freeze it.
- amelius 10mo agoWell they should have found a more transparent way to run their business, so they are still sketchy to me.
- dafelst 10mo agoThe big US credit score trio, Transunion, Equifax and Experian, have all had multiple, massive data leaks. This is not very good at all.
- flutas 10mo agoand for the ones you know about, there's more you don't. cough un-ecrypted experian backups getting stolen from a UPS truck at gun-point and nothing else stolen cough
- varenc 10mo agoCredit checks, and the 3 big companies that do it, are already pretty regulated. I don't think they're counted as data brokers that'll have to comply with Delete Act. Can anyone confirm?
- varenc 10mo agoupdate: Looked it up and this seems right. The credit bureaus have specific exemptions in the Delete Act, specifically because they're already covered by the "Fair Credit Reporting Act". But it does apply to adjacent "people search" features from the same credit bureaus. Also you can't delete your own credit history data unless it's proved inaccurate. Though you can't delete freeze it.