[Noisebridge-discuss] Bringing Down the Credit Bureaus

dpc weasel at meer.net
Thu Jan 7 06:33:33 UTC 2010


Christie Dudley <longobord at gmail.com> writes:

> 3) All of the current credit bureaus share information, so the
> creditor has the most complete, accurate information to make a
> decision on.  How could this system work with existing systems?  It
> seems to me that it would require all creditors in the world to
> subscribe at once, which simply isn't likely, or even possible.

are the current credit agencies government 'monopolies' in some way? ie,
moodys was one of a few a legal entities for bond rating. is there
something that says equifax (or whatever it is called) has legal
standing for credit information?

\p

---
If God were suddenly condemned to live the life which he has inflicted
upon men, He would kill himself. - Alexandre Dumas



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