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  bistro777 Donuts-Is There Anything They Can't Do? Premium join:2002-02-07 Englewood, CO
| reply to Maxo Re: There oughta be a law - -
Youd think the federal Fair Credit Reporting Act would protect you, right? Nope! When you sign your life away to Comcast, youve probably also given them the right to sell/market your personal information to affiliates which, in the credit/marketing industry, has by definition historically included nearly anybody willing to pony-up to buy your personal info. (CitiGroup, for example has over 1,5000 affiliates.)
It gets worse. The law does not allow Credit Reporting Agencies like Equifax, Experian and TransUnion to sell information from credit reports for the purpose of direct marketing. But a loophole in the FCRA enables them to sell "directory information" from credit reports - "credit headers" - your name, address, telephone number, date of birth and Social Security number. The FCRAs opt-out provision that applies to pre-approved offers of credit does not apply to credit headers. You are not able to opt-out of the sale of your credit header information by the CRAs. And Comcast, I believe, do the same with your info and its affiliates.
Heres a recent letter from the Electronic Privacy Information Center to the Senate Banking Committee regarding this issue. One point it raises is Researchers at Michigan State University recently studied over 1000 identity theft cases and found that victims in fifty percent of the cases specifically reported that the theft was committed by an employee of a company compiling personal information on individuals. Makes ya want everyone to have your personal data, huh?
I can see it now - - Lender: Your mortgage application is denied. Comcast Customer: Huh? Whys that? Lender: It seems that youve had 175,000 credit checks run against you in the last 6 months? Comcast Customer: But I havent applied for any new cards or loans! Lender: Well your credit report shows you have 187 new car loans and 324 Visa cards running an average balance of $185,000 per month. Comcast Customer: WHAT?!? Lender: Too bad, pal, youre SOL. But hows your digital signal coming-in these days?
"Stand up wherever you are, go to the nearest window and yell as loud as you can, 'I'm mad as hell, and I'm not going to take it anymore. - - Peter Finch in "Network" | |   AmeritecTech Change we can believe in, 1922 Premium join:2002-09-06 Houston, TX
| said by bistro777 : Youd think the federal Fair Credit Reporting Act would protect you, right? Nope! When you sign your life away to Comcast, youve probably also given them the right to sell/market your personal information to affiliates which, in the credit/marketing industry, has by definition historically included nearly anybody willing to pony-up to buy your personal info. (CitiGroup, for example has over 1,5000 affiliates.)
It gets worse. The law does not allow Credit Reporting Agencies like Equifax, Experian and TransUnion to sell information from credit reports for the purpose of direct marketing. But a loophole in the FCRA enables them to sell "directory information" from credit reports - "credit headers" - your name, address, telephone number, date of birth and Social Security number. The FCRAs opt-out provision that applies to pre-approved offers of credit does not apply to credit headers. You are not able to opt-out of the sale of your credit header information by the CRAs. And Comcast, I believe, do the same with your info and its affiliates.
Heres a recent letter from the Electronic Privacy Information Center to the Senate Banking Committee regarding this issue. One point it raises is Researchers at Michigan State University recently studied over 1000 identity theft cases and found that victims in fifty percent of the cases specifically reported that the theft was committed by an employee of a company compiling personal information on individuals. Makes ya want everyone to have your personal data, huh?
I can see it now - - Lender: Your mortgage application is denied. Comcast Customer: Huh? Whys that? Lender: It seems that youve had 175,000 credit checks run against you in the last 6 months? Comcast Customer: But I havent applied for any new cards or loans! Lender: Well your credit report shows you have 187 new car loans and 324 Visa cards running an average balance of $185,000 per month. Comcast Customer: WHAT?!? Lender: Too bad, pal, youre SOL. But hows your digital signal coming-in these days?
"Stand up wherever you are, go to the nearest window and yell as loud as you can, 'I'm mad as hell, and I'm not going to take it anymore. - - Peter Finch in "Network"
Again, it is a clear violation of FCRA for someone to pull your credit without your explicit written permission. | |   bistro777 Donuts-Is There Anything They Can't Do? Premium join:2002-02-07 Englewood, CO
| From my original post - - - "But a loophole in the FCRA enables them to sell "directory information" from credit reports - "credit headers" - your name, address, telephone number, date of birth and Social Security number. The FCRAs opt-out provision that applies to pre-approved offers of credit does not apply to credit headers. You are not able to opt-out of the sale of your credit header information by the CRAs." - - - And Comcast can do the same with that personal information about you.
Also - - - "Researchers at Michigan State University recently studied over 1000 identity theft cases and found that victims in fifty percent of the cases specifically reported that the theft was committed by an employee of a company compiling personal information on individuals." - - - If you're comfortable with your cable company sharing your personal info after reading something like that, well God bless and good luck."
Ever move and have to reestablish gas/electric/etc.? Guess what? Credit check. Cell phone? Same thing. Want any unscrupulous person to get his hands on your SSN? Keep clicking "no prob" to stuff like Comcast's ploy...
Cross-country skiing is practical only if you live in a small country. | |   AmeritecTech Change we can believe in, 1922 Premium join:2002-09-06 Houston, TX
| said by bistro777 : From my original post - - - "But a loophole in the FCRA enables them to sell "directory information" from credit reports - "credit headers" - your name, address, telephone number, date of birth and Social Security number. The FCRAs opt-out provision that applies to pre-approved offers of credit does not apply to credit headers. You are not able to opt-out of the sale of your credit header information by the CRAs." - - - And Comcast can do the same with that personal information about you.
This is no longer correct. The FTC disallowed the use of credit headers, except under certain circumstances, which are:
(A) intends to use the information in connection with a credit transaction involving the consumer on whom the information is to be furnished and involving the extension of credit to, or review or collection of an account of, the consumer; or
(B) intends to use the information for employment purposes; or
(C) intends to use the information in connection with the underwriting of insurance involving the consumer; or
(D) intends to use the information in connection with a determination of the consumer's eligibility for a license or other benefit granted by a governmental instrumentality required by law to consider an applicant's financial responsibility or status »www.pimall.com/nais/nl/n.headersdie.html
One of the above is also the requirement to pull a full bureau report, so anyone who had one of the above reasons would more likely do that. | |   bistro777 Donuts-Is There Anything They Can't Do? Premium join:2002-02-07 Englewood, CO
| Someone better tell the Electronic Privacy Information Center and the Senate Committee on Banking. From the June 24th EPIC letter to the Senators Shelby and Sarbanes - -
"In particular, financial institutions are allowed to share the personal information of their customers with third-parties and affiliates, placing the burden upon the customer to opt-out of such sharing. Even if the individual opts-out, the institution can nevertheless share an individual's personal information with affiliates. Given the large number of affiliates some holding companies have, the practice of affiliate sharing effectively neutralizes the privacy protections built-in to the FCRA."
And that takes us back to "opt-out" v. "opt-in" authorization and the ongoing abuse of the FCRA by "affiliate" companies. Frankly, in this age of identify theft and the substantial cost to those who are victims of it, I don't want my cable provider bandying-about my personal information nor do I want my banks/brokerage house to do so either. The EULA being discussed here is abuse of power/privilege by Comcast and should be recognized as just that.
I know I'm crazy, but it's kept me from going insane. - - Waylon Jennings | |   AmeritecTech Change we can believe in, 1922 Premium join:2002-09-06 Houston, TX | Yes, the EPIC seems to be confused about credit headers. Someone should tell them. At any rate, anyone who doesn't want their credit information shared should simply not sign up for Comcast. | |
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