Steve
apache junction,#2
Tue, September 01, 2009
Once upon a time Social Security numbers were created for social security purposes.
Then Credit reporting agencies started to use these numbers to check people's creditworthiness and now any company that is associated to the credit reporting agencies can look into anybodies finances to check if they belong to a potential target group ???
What really sucks is that nobody would give out any information, everything happens behind your back and you don't know what kind of information these companies actually have about you.
This used to be "The Land of the Free" - now it is "The Land of the Screeners", you can't even send $ 30,- to Mexico anymore without giving out your social security number, maybe in a few years you have to provide your SSN to Wal-Mart when you want to buy a dozen eggs. One day you won't be able to fart without leaving a trace in your credit report and making it public to any insurance company in this country. There was a time when America claimed to be the Land of the Free versus communist countries that controlled their citizens. i am under the impression that now in these days Americans have less privacy than a russian or east german citizen in the 1960s.
Steve
apache junction,#3
Tue, September 01, 2009
Once upon a time Social Security numbers were created for social security purposes.
Then Credit reporting agencies started to use these numbers to check people's creditworthiness and now any company that is associated to the credit reporting agencies can look into anybodies finances to check if they belong to a potential target group ???
What really sucks is that nobody would give out any information, everything happens behind your back and you don't know what kind of information these companies actually have about you.
This used to be "The Land of the Free" - now it is "The Land of the Screeners", you can't even send $ 30,- to Mexico anymore without giving out your social security number, maybe in a few years you have to provide your SSN to Wal-Mart when you want to buy a dozen eggs. One day you won't be able to fart without leaving a trace in your credit report and making it public to any insurance company in this country. There was a time when America claimed to be the Land of the Free versus communist countries that controlled their citizens. i am under the impression that now in these days Americans have less privacy than a russian or east german citizen in the 1960s.
Dragon
Yuma,#4
Fri, August 28, 2009
The real reason any insurance company pulls credit is so that they can see what kind of risk you are to insure. If you have a lower score your deemed not likly to pay you insurance so they raise the rate and vise versa for good scores. I am sure they do market but it is more to see the risk involved in insuring you. here is an example
Lets say you have some bad debts they want to know are you(anybody) the type to have an accident to pay off other debts. Now im not saying that is what everyone does but i have seen it out there.
I worked for a company that did that not happy about that but thats what they did and its not against the law either.
Robert
Irvine,#5
Fri, August 28, 2009
From your description this was a "soft" inquiry. These type of inquiries do not need your permission or authorization. This is because they only get a very limited "look" at your credit report. These inquiries are not seen by anybody except you, so they do not effect your credit score in any way.
You do have the ability to stop this by "opt-ing out". To do this go to optoutprescreen.com. Just be sure you go to the correct site or you may end up signing up for some "service"