Free consumer Reports - Experian Equifax Transunion Early Warning etc

Free consumer Reports - Experian Equifax Transunion Early Warning etc
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#44

There was so much on mine that was missing or wrong that I didn’t even bother with correcting it. Should I ever get turned down for something due to Innovis, I’ll then jump through the hoops to correct it.


#45

EWS on the other hand is full of information some of which should be private. Some banks, like Chase and Discover, report every ACH transaction including checks and bill payments. Some (Chase, CapOne) report the account balance on the 1st of each month. I’m glad I don’t keep much money there, but it’s still ridiculous.

One more rude surprise I haven’t seen mentioned on other forums discussing the privacy atrocity that is EWS is that all banks report my email address. I use a different email address with every institution (see my privacy thread). I don’t understand why the email address associated with my banking account is of any other bank’s business, especially since they don’t do anything with that information anyway.


#46

I’m a little slow sometimes, but are you saying that EWS shows each of the email addresses that you use with your financial institutions? If so, anyone looking at mine can see the naming convention I use for my email at each bank. I’d prefer that not be visible, as it not only aids in privacy, but I like to think it slightly aids in security.

I’ve never pulled EWS, but just downloaded their pdf form. At first glance, I’ve got a lot more confidence in them that I have in Lexis/Nexis.


#47

Yes. Each and every bank account section includes information associated with that account - starting with ABA and account #s, followed by my name, address, SSN, DOB, phone number, most show an email address and some show ID# with ID type and expiration date. Nothing is xxxx-ed out.

I don’t know how much of this information is actually made available to other banks when they pull the report. There are at least two different types of inquiries on the report – one for when you open a new account, and another for when someone deposits a check you wrote.


#48

Perhaps I can shed a little light here on this EWS/privacy thing. I went back to my EWS report for the third time in response to scripta’s posts. As I wrote on my own EWS thread, I do business with a great many financial institutions. And as I also wrote over there, none of consequence to me even bothers to report to EWS. But allow me to be more specific:

Both Ally Bank and Compass Bank do report. And the reports and privacy breaches from those two banks are every bit as egregious as scripta states.

What is saving me, in general, is my propensity to avoid doing business with the larger financial institutions, and to avoid in particular the big money center banks. Chase, Cap One, Discover . . . . I avoid 'em . . . . for the most part. Ally is, for me, a glaring exception and what Ally is doing to me is annoying. It is bad. But I have exposure in at least two dozen other instances, other financial institutions, where there is no reporting at all. Thank God. Nobody can examine my EWS report and have any inkling whatsoever of the extent of my financial dealings.

I guess the bottom line lesson here, where EWS and privacy are concerned, is to be thoughtful about where you conduct your financial business. Smaller is better.