Pages

Monday, November 08, 2010

Banks Spying on Your Bills, Rent Payments, Paychecks: Report

The age of the plain old credit score is gone, says a report at the Wall Street Journal, and it's been replaced by ever more intrusive efforts by banks and credit agencies to gauge exactly what you're worth, and what you can pay.

To that end, financial firms are now tracking their customers' bank deposits, rent payments or home values, and even utility bills to figure out who may soon become a financial risk, reports WSJ's Karen Blumenthal.'

Read more...

No comments:

Post a Comment

Thanks for your comment it is much appreciated.