TIP: Click on subject to list as thread! ANSI
echo: barktopus
to: Gary Britt
from: Mike N.
date: 2006-06-25 10:47:30
subject: Re: A third Americans info subject to identity theives this year?

From: Mike N. 

On Sun, 25 Jun 2006 03:39:28 -0400, "Gary Britt"
 wrote:

>Why are some feds against this?

  One of the reasons is that the 3 credit bureaus are against the credit
freeze since account with frozen credit cannot be sold to marketers for
credit solicitation.   If a significant number of people freeze their
credit, it represents a lost income stream for the 3 credit bureaus.

   An analogy for not being able to freeze your credit is as if your house
were protected with a combination lock.   Having your SS number leaked is
as though this combination were leaked.  Back to the house analogy -  you
are not allowed to change your combination, nor put on a supplemental
conventional lock and key.   You are reduced to staying alert at all times
to monitor the door in case the thief with the combination tries to get in.
Nothing as simple and logical as securing it with a key (credit freeze).

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