Transparency in business reporting to equifax

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Transparency in business reporting to equifax

Senator Al Franken D-Minnesota introduced The Data Broker Accountability and Transparency Act, which would help consumers control what personal information is listed with different credit bureaus and would let them prohibit sharing or selling that information.

Franken said part of the bill also requires data collection companies to disclose when hacks occur.

Privacy and Security Central | BB&T Bank

The Minnesota Department of Commerce released these tips for consumers Thursday: Check your credit reports: Every 12 months, you can request a copy of your credit report — for free — from each of the three major credit reporting companies Equifax, Experian and TransUnion. Carefully review the information and immediately report any unauthorized accounts, suspicious activity or inaccuracies.

Request a security freeze on your credit report: A freeze restricts access to your credit report, making it nearly impossible for someone to open a new account or line of credit in your name.

If you are a victim of identity theft, Minnesota law allows you to place a credit freeze for free. The Commerce website has a form you can use to request a freeze from the three major credit reporting agencies. Place a fraud alert on your credit report: If you decide against a security freeze, consider placing a fraud alert on your credit report.

transparency in business reporting to equifax

A fraud alert warns creditors that you may be an identity theft victim, so they should verify that anyone seeking credit in your name really is you.

Monitor your existing credit cards and financial accounts: Immediately report any suspicious charges or activity.

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Be alert if your monthly bill or statement does not arrive on time. It may be a sign that someone has hijacked your account. September 20, September 16, Business Credit Express reports help small to medium business reduce risk in decision making, allowing you to check a company is legitimate, confirm an organisation's details such as ACN and registered address, find out an organisation's structure, including shareholder details, check a company's credit history, including the directors behind it.

BB&T is committed to protecting your identity and information. This commitment to your privacy and security is the foundation upon which we build long-lasting relationships with our . Written by Chris Bing Sep 12, | CYBERSCOOP.

U.S. lawmakers are demanding answers from consumer credit reporting firm Equifax after the company publicly disclosed a data breach last week where the sensitive personal information, including social security numbers, of upwards of million Americans was stolen.

Equifax’s business extends far beyond its role as one of the big three credit reporting agencies. Equifax also serves as a data broker, selling data profiles on consumers to various industries. "The Equifax scandal is conclusive evidence that consumers need and deserve these protections-- without delay,” said Senator Blumenthal, a member of.

The Equifax data breach is prompting new legislation on Capitol Hill. Senator Al Franken (D-Minnesota) introduced The Data Broker Accountability and Transparency Act, which would help consumers.

Why Equifax Still Gets An “A” Rating From The Better Business Bureau The consumer-protection group says Equifax was a “victim” of the data hack, just like consumers. By Mark Sullivan 3.

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