|
|
|
|
|
|
|
|
|
|
|
Well now we add CitiGroup and UPS to the Identity Theft corporations who have allowed Americans identity to be lost. Each time we have another identity theft case, we find larger and large numbers being lost. We have hear of some of them; Petco, choice Point, LexisNexis and the Citigroup, where a UPS van was broken into and a tape was stolen with 3.9 million US customers personal financial data and identity information?
In small cases of identity theft most police departments find a 90% connection to crystal meth drug addicts. So if you lose you identity or credit cards, generally it is a meth user. It is estimated that 50 million Americans have had identity theft issues and over 100 million Americans have bogus data on their credit reports.
If one-third of all Americans have bogus information on their credit, then why are we using the credit information for anything? After all it is garbage in garbage out as they say? As we link up the data bases of government agencies, credit bureaus we find that all the data is bunk, meaning why are we linking all the data together if we now it is all junk data?
So the real question is not just; "is my identity safe?" But also is my information even valid in the first place? Which means you could be forced to pay for a charge that isn't yours or have a loan turned down because of bad data. Or worse be arrested for stuff that links you to something you never did, but in which your identity was stolen in order to make such a purchase? Perhaps we need a complete data dump and start over. Since the systems and databases are so utterly incorrect no one knows what is up? But first we need to devise a full proof system to protect the integrity of the data from theft and misuse and keep bogus data out of the system.
We had a system like that once. It was called "cash" ever heard of it? Well anyone who is born on 2010 or later will not understand what you were talking about. Do you think that the authorities will ever figure out identity theft by then? Or will they still keep using BS data and allowing Americans to be harmed by identity theft and throw up their hands and say well, there is nothing we can do about it.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
Chances are you have received your share of "pre-approved" credit... Read More
Credit Counseling and bankruptcy are both ways to relieve the... Read More
Here, Cratchet, what do you think you're doing?Uh, er, leaving... Read More
ChexSystems is a company that maintains a subscriber membership service... Read More
Clean Credit Reports, your credit report contains information about where... Read More
The first time I heard the term credit history was... Read More
Millions of Americans suffer because of bad credit these days,... Read More
Sometimes life lands you in a situation that causes your... Read More
Many of us have seen the advertisements on television. "Get... Read More
You've probably heard the term credit scoring. You may have... Read More
Not everyone has a positive experience with credit counseling. Potential... Read More
Understanding credit report scores is important when you see your... Read More
1. Choosing A new credit cardThere are many reasons for... Read More
How can I prevent Identity theft from happening to me?... Read More
Bad Debt IdentificationIdentifying bad debt is not as easy as... Read More
The first rule when applying for banking and credit services... Read More
If you have a bad credit rating, then you might... Read More
In the face of financial hardship, many seeking a responsible... Read More
Credit card debt is a major social problem in some... Read More
If you are in danger of credit problems because you... Read More
What are the avenues available to businesses with weak credit... Read More
There are always some companies that have past due invoices... Read More
Ok, let's face it, everybody hates high credit card rates,... Read More
On one hand consumers are being universally criticised for running... Read More
Online credit reports are easily accessible to those interested in... Read More
Have you ever wondered why your credit card bill is... Read More
What FACTA means is that if you, as an individual,... Read More
When you are deciding what type of credit card to... Read More
Credit is a funny thing. It can be a useful... Read More
Well now we add CitiGroup and UPS to the Identity... Read More
Maybe some of you are saving it in your trusty... Read More
Establishing credit and wisely managing your credit becomes easier when... Read More
This article is about bailiffs who may call trying to... Read More
The most important thing for you to remember is that... Read More
It may seem like a simple question but its important... Read More
So you ordered a copy of your credit report to... Read More
It's no surprise that thousands of Americans are victimized by... Read More
When I received my first credit card in the mail... Read More
A lot of people have bad credit. It is unfortunate... Read More
Which of the following is the biggest threat to your... Read More
Have your read your credit card contract through completely? Do... Read More
Many companies use the slogan "Bad Credit? No Credit? No... Read More
1. Deleting Errors in 48 HoursThis is the absolute fastest... Read More
Most of us get a credit card on our name... Read More
Credit card debt is a major social problem in some... Read More
Raising your credit score can be a fairly simple and... Read More
Maintaining your Credit ProfileEvery consumer should be maintaining their credit... Read More
In addition to the APR (annual percentage rate) and the... Read More
A good credit history is critically important for the consumer.... Read More
INTEREST BEWARE, THERE'S SAFETY IN NUMBERS!Note: The following is part... Read More