Don\’t forget the $10.00 fee times millions of consumers doing the \”freeze on\” – \”freeze off\” shtick over and over again. What a fee windfall! Just like the telephone companies doing the \”block\” – \”unblock\” etc. shuffle with caller ID. Bend over America – here it comes again, and again, and again…… I suppose $10 is a real bargain seeing how greedy the corporations and politicians of our great nation are. Personally, if I were running things, I would make it $25 or $50 and really get some cash flow from us poor suckers.
Definition of \”racket\”:
\”A business making money by selling a solution to a problem that it created.\”
For years the credit bureaus and data brokers have been selling people\’s information. This information is sold to strangers, who then issue credit to other strangers WITHOUT the rightful owner\’s knowledge or permission.
What part of what they are doing ISN\’T a racket? They expose people to crime and then turn around and sell their victims credit monitoring services so they can see who they were sold out to? YIKES. WHAT IS WRONG WITH THIS PICTURE?
WHY were they EVER allowed to do this in the first place? How are we supposed to keep our information safe when we cannot protect our own information from strangers? CREDIT FREEZES ARE LONG OVERDUE.
The FTC says that ID theft was the TOP crime for the past SIX YEARS IN A ROW. I.D. theft has now become the number one crime in the world. The IRS, Treasury, VA, Military, Colleges, etc. have all been victims. Will the president of the United States need to become a victim before the data brokers are stopped from compromising our security AND even NATIONAL SECURITY?
It is time that the credit bureaus and data brokers were held responsible for their part in exposing so many millions of people to I.D. Theft. CREDIT FREEZES are long overdue for citizens in EVERY state in the U.S.. Not on a \’piece meal\’ basis. We need active legislation NOW. Not tomorrow.
I find it remarkable that no one has yet filed a class action lawsuit against the credit bureaus/data brokers. It is time this golden goose was taking away from those who placed us at risk in the first place. Contact your elected officials and demand the right to keep your own information out of thieving hands.
How about it? I was reading along and thought IL Atty General finally did something and then BAM – the fee. Why should we have to pay to protect our interests? I know I don\’t pay or have any input to have info placed on my credit report, but I have to pay to freeze it, correct it, or anything else. Add slander and fraud to that class action suit as much info on the credit reports is wrong.
We may pay a little more in the long run, but I am glad I will be able to keep my file locked up and unavailable to thieves or those business\’s who think my life should be an open book to them.
I don\’t mind thinking twice before paying $10.00 to get that extra credit card.
Nothing like a \”cooling down\” period to make me question how badly I really need it.
This should be a blow($) to the credit card companies that ply poor college students with credit they don\’t need or can\’t afford. Bet it stems the tide of bankruptcy\’s.
Don\’t forget the $10.00 fee times millions of consumers doing the \”freeze on\” – \”freeze off\” shtick over and over again. What a fee windfall! Just like the telephone companies doing the \”block\” – \”unblock\” etc. shuffle with caller ID. Bend over America – here it comes again, and again, and again…… I suppose $10 is a real bargain seeing how greedy the corporations and politicians of our great nation are. Personally, if I were running things, I would make it $25 or $50 and really get some cash flow from us poor suckers.
Definition of \”racket\”:
\”A business making money by selling a solution to a problem that it created.\”
For years the credit bureaus and data brokers have been selling people\’s information. This information is sold to strangers, who then issue credit to other strangers WITHOUT the rightful owner\’s knowledge or permission.
What part of what they are doing ISN\’T a racket? They expose people to crime and then turn around and sell their victims credit monitoring services so they can see who they were sold out to? YIKES. WHAT IS WRONG WITH THIS PICTURE?
WHY were they EVER allowed to do this in the first place? How are we supposed to keep our information safe when we cannot protect our own information from strangers? CREDIT FREEZES ARE LONG OVERDUE.
The FTC says that ID theft was the TOP crime for the past SIX YEARS IN A ROW. I.D. theft has now become the number one crime in the world. The IRS, Treasury, VA, Military, Colleges, etc. have all been victims. Will the president of the United States need to become a victim before the data brokers are stopped from compromising our security AND even NATIONAL SECURITY?
It is time that the credit bureaus and data brokers were held responsible for their part in exposing so many millions of people to I.D. Theft. CREDIT FREEZES are long overdue for citizens in EVERY state in the U.S.. Not on a \’piece meal\’ basis. We need active legislation NOW. Not tomorrow.
I find it remarkable that no one has yet filed a class action lawsuit against the credit bureaus/data brokers. It is time this golden goose was taking away from those who placed us at risk in the first place. Contact your elected officials and demand the right to keep your own information out of thieving hands.
How about it? I was reading along and thought IL Atty General finally did something and then BAM – the fee. Why should we have to pay to protect our interests? I know I don\’t pay or have any input to have info placed on my credit report, but I have to pay to freeze it, correct it, or anything else. Add slander and fraud to that class action suit as much info on the credit reports is wrong.
We may pay a little more in the long run, but I am glad I will be able to keep my file locked up and unavailable to thieves or those business\’s who think my life should be an open book to them.
I don\’t mind thinking twice before paying $10.00 to get that extra credit card.
Nothing like a \”cooling down\” period to make me question how badly I really need it.
This should be a blow($) to the credit card companies that ply poor college students with credit they don\’t need or can\’t afford. Bet it stems the tide of bankruptcy\’s.