Hints and tips:
...Under the current credit system, banks hand over customer data to credit reporting agencies such as Equifax and Experian, before buying back aggregated reports from those companies....
...While shares in TransUnion and Experian dropped about 13 per cent and 6 per cent respectively after Equifax disclosed the data breach, they have since recovered....
...The average consumer might not have heard of Experian, Equifax and TransUnion, but these companies can see into our financial souls, holding data on the personal finances of almost 50m adults in the UK....
...Others, such as credit rating agency Experian and Acxiom use demographic, sociographic, lifestyle, cultural, mortgage and property data to categorise individuals....
...Equifax is one of three companies in the US — along with Experian and TransUnion — that dominate the business of gathering information on borrowing habits from banks and other sources....
...Some of the information appears to have been obtained through the annualcreditreport.com website, which issues individual reports from Equifax, TransUnion and Experian....
International Edition