CRA are assisting Collection Agencies

[Boswd]

This may or may not be news to some but found it very itneresting that CRA's actually assist in finding debtors.

http://www.experian.com/collection_triggers/index.html?CFID=2539477&CFTOKEN=69258162

[Boswd]

and actually telling them if the debtor has the ability to pay based on new information.

[Anonymous]

Great another Monster Lurking over my shoulder..........

[Anonymous]

That should not be allowed. So much for the Privacy act. I tell you what we really dont have any rights when it comes to collections and credit card companies as well as some other creditors (Auto Lenders) FCRA needs major updates to it to protect us from these kind of people and hold them more liable for their part in the dept to. Not all the time is the dept cancled due to the consumer some times its due to being lied to or dupt into getting into bed (not literally)  with these kinds of people. Just my 2 Cent worth.

[Anonymous]

Ughh... now we can have more old stuff coming back to haunt us.

[Anonymous]

Skip trace has always been a part of the CA arsenal...

Rob

[MidnightVoice]

They are just trying to make a buck or two.....  

[Boswd]

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FICO_Focused wrote:

Skip trace has always been a part of the CA arsenal...

Rob

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I knew skip tracing was out there but did not know that the CRA's are actually involved in assisting and even sending them alerts when new lines of credit are opened.    So it's sort of BS when they claim they are indendpenant of any creditors and such are just a reporting agency.

[MercyMe]

Make that ....  B$ ....

[fused]

Any possible violations here? 

Tuscani or Noah-Brodie??