#Privacy Equifax Sells Private Information To Debt Collectors
Equifax, one of the nation’s largest credit reporting agencies with one of the most expansive private databases of information, has accumulated the salary and employment records of more than one-third of U.S. adults, according to NBC.
How does Equifax do it? The credit agency gets the sensitive information from U.S. businesses and feeds it into one of its subsidiaries, The Work Number. Used by lenders and employment screeners, The Work Number serves as a verification of employment and income information.
According to NBC, once the information is compiled, Equifax sells some of it to debt collectors and financial services companies without expressly notifying the individual whose information is being distributed.
Demitra Wilson, a spokesperson for Equifax, verified that debt collectors can request employment data from The Work Number.
Continue reading “Privacy National Consumer Law Center Massive Data Sharing”
