You Credit Info All Over Planet Thanks To Credit Reporting Industry Per 60 Mn.

[TheMastersNemesis]

Based on the report on the credit industry you credit info could be anywhere on the planet. They profiled a lady who spent years trying to fix a very erroneous credit report. She had to file a federal lawsuit to get it fixed. There is a high percentage of errors on credit reports and it is almost impossible to fix errors.

The most notable bit about the report was that complaints could be sent to India, China, South America etc where a clerk would do no more the code it.

Even 60 Minutes could not get anyone in the industry to talk to them except a lobbyist. WE ARE SO OUT OF CONTROL IN THIS COUNTRY. Corporations pretty much own us.

[DollarBillHines]

1. And then there's this

http://redtape.nbcnews.com/_news/2013/01/30/16762661-exclusive-your-employer-may-share-your-salary-and-equifax-might-sell-that-data?chromedomain=openchannel&lite

"The Equifax credit reporting agency, with the aid of thousands of human resource departments around the country, has assembled what may be the most powerful and thorough private database of Americans’ personal information ever created, containing 190 million employment and salary records covering more than one-third of U.S. adults.
Twitter Follow @RedTapeChron

Some of the information in the little-known database, created through an Equifax-owned company called The Work Number, is sold to debt collectors, financial service companies and other entities.

"It's the biggest privacy breach in our time, and it’s legal and no one knows it’s going on," said Robert Mather, who runs a small employment background company named Pre-Employ.com. "It's like a secret CIA."

Despite all the information Americans now share on social media and websites, and all the data we know companies collect on us, one piece of information is still sacred to most people: their salaries. After all, who would post their salary as a status update on Facebook or in a tweet?"

more at link

[TheMastersNemesis]

2. That Means Future Employers Will Know Everything About Applicants. Eventually

The trouble with these credit agencies is that there is NO ONE to talk to personally.

[Marie Marie]

3. That whole report was just infuriating.

Sounds like a job for Elizabeth Warren.