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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (220774)9/15/2009 5:54:49 PM
From: Smiling BobRead Replies (4) of 306849
 
Credit reports are too readily shared. This is just another cherry-picking tactic by insurance cos. Akin to screening for pre-existing conditions. Imagine if every small business had the information and resources at their disposal that these farkin insurance companies have on potential customers. Too many privileged industries are capturing the luxury and legal right to say we won't even consider doing business with you until you disclose your private information.

Should fast food, liquor stores, and other risky purveyors be able to deny serving someone with a past history of heart disease or alcoholism? Car rental agencies don't check driving histories- yet.

What if I immediately know the past buying history, income level, credit history, and other private information of everyone entering my store? Surely couldn't hurt.
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