Nationwide Specialty Credit Reports
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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.
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.”
.@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.
When the story of the fight against modern credit reporting surveillance is written, this 2013 investigation by @RedTapeChron will be remembered as the turning point. Bob was the first to confirm that Equifax is cross-contaminating credit files. https://t.co/AHP1CIID2b
RT @paulmozur: Snapshot of a culture under siege. Our attempt to show what it feels like in Xinjiang right now. Blanketed with surveillance…
@ronlieber @Equifax Thanks to you, @ITRCCEO , @RedTapeChron & others for tirelessly pushing reform. Your work on child credit freezes & child identity theft has collectively saved thousands of billable hours!
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