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In the News
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.@RedTapeChron was the first to obtain evidence from a consumer, Kathy Sandy, that Equifax was cross-contaminating salary and work data. But his piece is legendary for 3 reasons: first, he saw the matrix. Kathy brought him a 22 page credit report. He read it. And investigated.
.@RedTapeChron was the first to obtain evidence from a consumer, Kathy Sandy, that Equifax was cross-contaminating salary and work data. But his piece is legendary for 3 reasons: first, he saw the matrix. Kathy brought him a 22 page credit report. He read it. And investigated. — Joel Winston (@joelwinston) April 6, 2019
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This practice, and the Equifax specialty credit reporting agency behind it, were not well known at the time. And Equifax publicly denied they engaged in this type of “cross-contamination.”
This practice, and the Equifax specialty credit reporting agency behind it, were not well known at the time. And Equifax publicly denied they engaged in this type of “cross-contamination.” — Joel Winston (@joelwinston) April 6, 2019
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What does that mean? Equifax operates a credit bureau that collects payroll & salary data. So If you get fired, Equifax knows that week. Equifax leverages this knowledge by selling “employment status alerts” to lenders, banks, mortgage companies & debt collectors.
What does that mean? Equifax operates a credit bureau that collects payroll & salary data. So If you get fired, Equifax knows that week. Equifax leverages this knowledge by selling “employment status alerts” to lenders, banks, mortgage companies & debt collectors. — Joel Winston (@joelwinston) April 6, 2019
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Did you know there are dozen of reports about your rental, medical and banking history? These "specialty" credit reports are just as important as the standard credit report! And according to Federal law all consumers have the right to request a copy of their files from the specialty credit reporting companies.
