So let’s say you no longer trust Equifax to store your data in the wake of its breach. Sure, you could approach all of those providers and try to persuade them not to send data about you to Equifax each month. But it would be far easier to simply ask Equifax to erase your file and not make a new one.
Man, I can just imagine the three big credit-info companies being told by congress that they have to delete private personal info...it’ll destroy their entire business. But it’ll rip out the guts to banks and the way you get car loans or home loans. You’d have to go back to personal reviews by some bank audit guy like it was done in the 1960s.
Weird huh? They’re more like dementocrats than we realize. In a heartbeat they can turn your life upside down. Right or wrong info. Then trying to straighten it out and get them to accept responsibility.................. Yeah, good luck with that.
Can you fire the NSA for keeping track of you?
I found that credit unions, especially if you have a large savings account or other investments, offer credit monitoring for free.
The whole credit reporting business is a fraud. Your credit scores vary so widely between credit bureaus that scores are a farce. Incorrect or even false information on your report take a huge effort to get corrected. My wife and I have experienced this first hand. One credit bureau had one of my wife’s school loans as delinquent when it had been fully paid off. Despite submitting evidence that it was paid they refused to remove the error...just listed it as contested. Another credit bureau listed charge accounts that had been paid off and closed for twenty years. Again the process of getting this corrected took darn near legal action. While I do not often favor Congressional action, this is one case where Congress should act and clean up this mess.