John Oliver on Equifax Breach Share this:Share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to email (Opens in new window)Click to print (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Like this:Like Loading... Related One thought on “John Oliver on Equifax Breach” Add yours Don’t get me started…… These people are a hot mess. They take forever to remove invalid negative claims, have poor system security, and do not measure your true ability to finance a loan. They are also defendants in class action lawsuits for failing to provide accurate credit ratings. Equifax only measures your history of making payments, not financial solvency. If you pay cash, use no credit cards, and/or have significant savings or investments, Equifax rates you “poor” because they only measure your history of making credit payments on time. Banks, vehicle dealers, and credit card companies use Equifax and the other two agencies so they don’t have to invest in a team to review a person’s financial background. With the FICO score it became a one minute process to eliminate applicants. John Oliver was spot on, skewing Equifax. (disclaimer: I am involved in a class action suit against Equifax, people who were denied employment, credit, and paid higher rates due to erroneous items on their Equifax report.) LikeLike Reply Leave a Reply Cancel reply Enter your comment here... Fill in your details below or click an icon to log in: Email (required) (Address never made public) Name (required) Website You are commenting using your WordPress.com account. ( Log Out / Change ) You are commenting using your Twitter account. ( Log Out / Change ) You are commenting using your Facebook account. ( Log Out / Change ) You are commenting using your Google+ account. ( Log Out / Change ) Cancel Connecting to %s Notify me of new comments via email. Notify me of new posts via email.