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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (34112)	6/7/2005 5:43:36 PM
From: benwood	Read Replies (2) \| Respond to of 110194

The best thing you could have is a credit freeze on your report, but the credit reporting agencies are fighting this right tooth and nail. They won't do it unless forced to by State law. In my own state, a bill was about to pass to permit any consumer to freeze his credit (and thus prevent other people from opening accounts in your name, period) but at the 11th hour the bill was suddenly watered down to permit this for previous victims only. The idea, of course, is to keep the credit reporting agency scam going where you pay them to let you know "pretty quick" when you've been had. The last thing they want is for you not to need that $100 / year "service." Two of my state rep's who'd written me about this bill declined further comment when I chastised them for bowing to the corporate pressure to prevent the bill from having any teeth.