Debtfree Issue September 2022 DebtBusters Special Edition
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WHO REALLY OWNS YOUR CREDIT REPORT?<br />
WHOSE INFORMATION<br />
IS IT ANYWAY?<br />
You may wonder, if this information<br />
is all about me who owns the<br />
information? Is it mine? No.<br />
While you are the ‘subject’ of the information<br />
you are not the owner of the information. In<br />
fact, credit providers (and others) are able to<br />
buy access to this information that the credit<br />
bureaus have stored about you.<br />
Since the information is about you,<br />
Government has insisted that you should be<br />
able to get this information and check that<br />
it is correct. It’s not uncommon for there<br />
to be some small errors in such reports.<br />
Credit providers sometimes submit incorrect<br />
information by mistake.<br />
Also, access to such reports may reveal that<br />
someone else is pretending to be you and<br />
opening up credit accounts using your details.<br />
This type of identity theft fraud is on the rise.<br />
So, it is good to check your information at the<br />
various credit bureaus.
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