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Sen. Elizabeth Warren Introduces Bill That Would Make Credit Freezes Free

Sen. Elizabeth Warren Introduces Bill That Would Make Credit Freezes Free

7 years ago
Anonymous $wKBR2uNMvM

https://consumerist.com/2017/09/15/sen-elizabeth-warren-introduces-bill-that-would-make-credit-freezes-free/

Why, exactly, should consumers pay the credit bureaus for credit freezes or monitoring services when it was one of them who lost our personal data? In the aftermath of the Equifax data breach, Senators Elizabeth Warren of Massachusetts and Brian Schatz of Hawaii have introduced a bill that would ban credit reporting agencies from collecting fees for placing freezes on individuals’ credit files.

In the grand tradition of government backronyms, the bill [PDF] is called the FREE Act, or Freedom from Equifax Exploitation Act. (Yes, that would actually be the FFEE Act. Maybe you’re supposed to squint a little.)

Sen. Elizabeth Warren Introduces Bill That Would Make Credit Freezes Free

Sep 15, 2017, 7:26pm UTC
https://consumerist.com/2017/09/15/sen-elizabeth-warren-introduces-bill-that-would-make-credit-freezes-free/ >Why, exactly, should consumers pay the credit bureaus for credit freezes or monitoring services when it was one of them who lost our personal data? In the aftermath of the Equifax data breach, Senators Elizabeth Warren of Massachusetts and Brian Schatz of Hawaii have introduced a bill that would ban credit reporting agencies from collecting fees for placing freezes on individuals’ credit files. >In the grand tradition of government backronyms, the bill [PDF] is called the FREE Act, or Freedom from Equifax Exploitation Act. (Yes, that would actually be the FFEE Act. Maybe you’re supposed to squint a little.)