Moody’s downgraded Equifax from “stable” to “negative” due to cybersecurity

Re:Moody’s downgraded Equifax from “stable” to “negative” du... by W-Stool on Thursday May 23, 2019 @02:58PM (#19994789)

How these guys are still in business and still collecting financial data on US citizens frankly baffles me.

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Re:Moody’s downgraded Equifax from “stable” to “negative” du... by papito on Thursday May 23, 2019 @03:46PM (#19995246)

It is really, really hard to get in trouble in the United States if you have a lot of money and some friends in Washington.

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Re:Moody’s downgraded Equifax from “stable” to “negative” du... by thfuran on Thursday May 23, 2019 @04:29PM (#19995568)

And all it takes to have friends in Washington is some money.

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Re:Moody’s downgraded Equifax from “stable” to “negative” du... by darepublic on Thursday May 23, 2019 @07:13PM (#19996964)

Here in Canada you basically must go to them to do anything credit related ie get a car or home loan. I don't see how they have any incentive to do better because they are a monopoly. And I cannot get my credit score from the bank as it's illegal I must go through this joke of a credit agency.

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Re:Moody’s downgraded Equifax from “stable” to “negative” du... by saltyshake on Friday May 24, 2019 @12:36AM (#19998516)

They have a monopoly similar to Microsoft in the 90s.

Everyone is simply using them and there is no good popular alternative.

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