Experian can't stop ID theft: NOT

Experian can't stop ID theft: NOT
By Gerald Internet Anthropologist Think Tank

They are one of the big three credit
collecting and reporting agencys in the world.

Experian can't stop ID theft:
They can for $100 dollars a year though.

They viewed emailing you and me about
activity with our ID's as too expensive to
bother with, and could not protect us from
ID theft. They just didn't stop it.

Then they sued another company for using
your and my data, and their system to protect
the public from ID theft.

Internet Anthropologist Think Tank: Experian, aids and abets ID theft.

Now they decided they would protect the
public from ID theft, for $100 for each man,
woman and chlld in the USA, $100 every year,

USA population 304,059,724 - Jul 2008

Thats $ 304,059,724,000 in income, yearly.

$304 Billion dollars, For them to notify

you of ID theft activities.

If you don't pay then your a victim of ID theft.

ID theft now adds directly to their bottom

line.

For years and decades they let ID theft flourish.
Did NOT do a damn thing.
They had in place the system to protect Americans,
ID's and didn't use it.

They can notify you when some one steals

your ID and gets a mortgage in your name,

in another state; for example.

An automated email system would

protect Americans, emailing out

activity about your account.

A different Company saw they could protect
Americans and Experian sued them.

Exparian is unconscionable and with out
regard for it's fiduciary responsibility
to its clients, Americans, whose data
they make billions $.

They even offer a $1 million product guarantee on the
Id theft system.
http://www.experian.com/consumer-products/identity-theft-protection.html

For years they have had this capability
and ignored their responsibility to protect
Americans.

Not to mention their ability to cut terrorism
funding by stoping ID theft.

This ID protection should be free to
every client they collect info about.
They make billions off our data,
and exhibit total disregard for any
protection for their clients.


G

Clearing up confusion on credit scores

San Francisco Chronicle - Kathleen Pender - ‎Oct 21, 2009‎

Experian: Experian does not sell FICO scores to consumers, only to lenders.
xxxxxxxxxxxxxxxxxxxxxxxx

On a related issue, the FTC is also dealing with the confusion that arises when consumers land on commercial sites offering "free credit reports," such as www.FreeCreditReport.com, which is operated by Experian. The Credit Card Act of 2009 requires the FTC to issue a rule by Feb. 22 to prevent deceptive marketing of such sites.

I've sent many readers to www.annualcreditreport.com, the Web site the government required credit bureaus Experian, TransUnion and Equifax to establish to receive free credit report requests.

But the really annoying problem that consumers ran into in the beginning – the credit bureaus' sales pitches – hasn't gone away, leading the Federal Trade Commission to propose changes in the laws governing free credit reports.

TransUnion spokesman Steve Katz said the company "supports the FTC's efforts to protect the interests of U.S. consumers who are misled by deceptive practices."

The government needs to fix this and fix it fast. Monitoring your creditworthiness has become too important these days, and consumers shouldn't be distracted by this confusion.

SOURCE:

.

Related articles by Zemanta

• Phishing scam arrests highlight massive problem on the Web (infoworld.com)
• 1/3 of ALL Americans CC hacked:BREAKING (warintel.blogspot.com)
• Will your privacy be compromised online? (cnn.com)
• Don't get scammed by ID thieves (money.cnn.com)
• Clearing up confusion on credit scores (sfgate.com)