random thoughts and trivia

Sunday, June 05, 2005

One Kind of Credit Fraud

There's more than one kind of credit fraud. Yeah, identity thieves have become a real problem in this country. But actually what I am thinking of in this post is another type of credit fraud.

Today I noticed the cost of one of those "Credit Watch" services offered by a credit reporting agency. It was $100. a year.

Let me get this straight; I pay them $100. a year to try and keep them from causing the kind of mistakes that they shouldn't be making in the first place -- like selling consumer's credit info to ChoicePoint.

Yeah, Right....


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