I'm talking to you,
If you have a credit card, a home mortgage, a car loan or simply pay your bills,
If any of your credit information suggests you aren't prompt with payments, you'll be denied credit or charged higher interest rates.
Have you ever found a mistake in your credit report? Tried to get it fixed?
Then you know what I'm mean when I say these are muscular companies.
When news first emerged about the company's gigantic data breach in early September, I dutifully checked to see if I was among the unlucky millions.
Then I learned that this magnanimous company was tossing me a bone: I had till mid-October to sign up for a one-year, free credit monitoring service.
On Monday — while the world was preoccupied with a massacre in
Backlash from angry victims — and no doubt, plummeting stock value — caused the company to extend the credit monitoring sign-up period and goosed
Not enough. Neither are all of the “sorries.”
That includes apologies from the interim CEO of
And the ones from former CEO
It appears that
“In early March, the
Naturally, the victims were the last to know.
On Tuesday, Smith was hauled in front of a congressional subcommittee for a bipartisan beat down.
“It's like the guards at Fort Knox forgot to lock the doors and failed to notice thieves emptying the vaults,” said Republican Rep.
“How could a major
“Smith explained that the company gets its data for free; regular consumers hand it over to the banks when they apply for credit. Then, he said, the company crunches the data with the help of computer scientists and artificial intelligence and sells it back to the banks that gave
“'That's a pretty unique model,' Smith told the audience.”
For everyone but the victims.
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