ChoicePoint Feeling the Heat
AP says:
An executive of embattled data broker ChoicePoint Inc. says the company is developing a system that would allow people
to review their personal information that is sold to law enforcement agencies, employers, landlords and businesses. ChoicePoint’s announcement comes a month after it disclosed
that thieves used previously stolen identities to create what appeared to be legitimate businesses seeking personal
records.
Anonymous • April 2, 2005 11:43 AM
Yes, but if they allow us to view it, then they will have to let us correct it. As the credit reporting companies know, this is an extremely expensive proposition, especially considering how much of their data is actually incorrect. Their current business model relies on quantity rather than quality, and so spending the money to allow people to correct their data is probably not a profitable investment.