Life Gives You Lemons

A Cold Day in Credit Hell
June 26, 2007, 5:51 pm
Filed under: consumer spew

This steams my cookies!

I don’t know what to bitch about first. The Credit Bureaus make their money off collecting very sensitive information about you and selling it to more or less whoever asks. Oh right, and selling it to you also (though by law they have to give you one free copy a year.)

So, they’re lobbying against laws that help/could help you protect yourself from ID theft and credit fraud. Freezing your credit is a way of protecting yourself from ID theft by making it harder to open new credit accounts in your name. The Consumer Credit Data Industry Association is lobbying against credit freezes. Cuz hey, while your credit is frozen, they can’t sell it. You bastard.


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