Please do not, under any circumstances, give Experian or any other credit reporting bureau or whatever fancy title they use for themselves, access to your bank account so they can monitor your spend and “save you money”.
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Please do not, under any circumstances, give Experian or any other credit reporting bureau or whatever fancy title they use for themselves, access to your bank account so they can monitor your spend and “save you money”.
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@SecureOwl (devils advocate) isn't that /only/ for if you're trying to get a loan, /at best/,
and otherwise heck nah if you don't need to improve your score for a loan?
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@SecureOwl @inthehands I created accounts with the credit monitoring bureaus so I can freeze and unfreeze my credit. The emails I get from Experian are downright predatory. They keep trying to push loan offers and encourage me to sign up for new credit cards.
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Same. It’s super gross. and while you can unsubscribe or delete your account, there’s simply no way to actually opt out of their system or stop them from surveilling you. If ever there were a case for antitrust action….
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@inthehands I don’t know about antitrust action. The credit bureaus basically have a legally mandated monopoly (or cartel) because we don’t make credit scoring or some equivalent the responsibility of the country’s central bank or some other public service agency, like all the sensible countries do.
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@MisuseCase
Indeed, yet we don’t regulate it with anything like the kind of oversight a cartel should have! Your quibble is sound; I mean “antitrust” writ broadly. Cartels and monopolies aren’t actually illegal per se; what’s illegal is if their market position allows them to cause harm they otherwise would be unable to cause. To my mind, that principle should apply regardless of whether the cartel is created by gov.
