Noreen Seebacher

ChexSystems, Debit Bureaus & Tangled Data Brokers

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Noreen Seebacher
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Re: Clueless here
Noreen Seebacher   8/15/2012 10:02:17 AM
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Crazy, isn't it? A Data Broker for everything and anything

BethSchultz
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Clueless here
BethSchultz   8/14/2012 10:58:39 AM
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Hi Noreen, well I must confess to not having been aware of  such a thing as a debit bureau. I mean, I assumed banks ran their own analysis to determine whether they should allow somebody to open a checking account, but I didn't realize there was a whoie cottage industry around the debit business!

Noreen Seebacher
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Re: Oh what a tangled web...
Noreen Seebacher   8/14/2012 10:10:58 AM
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You're right - these smaller CRAs can affect everything from check cashing to car insurance rates, the ability to obtain property insurance and a host of other things. We'll keep you updated about them.

Alexis
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Data Doctor
Re: Oh what a tangled web...
Alexis   8/14/2012 10:08:55 AM
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We're so conditioned to think only about the Big Three Credit Reporting Agencies (Experian, Equifax, TransUnion). It's mind boggling to consider all the other smaller CRAs and the impact they have, often silently, on our lives.

Alexis
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Data Doctor
Oh what a tangled web...
Alexis   8/14/2012 10:05:08 AM
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Geez! That is one heck of a maze--and a very substantial amount of data in potential reach of these co-mingled companies.

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