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Articles tagged with: credit reporting

AFR Statement: Equifax Earnings Highlight Broken Model of Credit Reporting
November 10, 2017 – 2:51 pm

The hack may even have been a boon to the bottom line of credit reporting companies, which charge consumers to freeze their credit report or monitor their credit, even though consumers are seeking these protections due to this massive breach.

AFR Statement: Monopoly Man Highlights Need for Congress to Act on Consumer Rights
November 10, 2017 – 2:45 pm

But the question is, what will Congress do after a hearing on data breaches? Will they act to restore our right to control information about our own lives, and protect our privacy, or will they let Equifax and other data brokers turn the problems they caused into an excuse for undermining existing state laws with a sham weaker federal standard that replaces them? Will they restrict access to the courts?