Since I don't participate in the credit market, have no affiliation with any bank and do not affiliate with any credit reporting agency, I see absolutely no reason that I should have to pay into this protection racket to cover their asses. I don't even know how to do this credit freeze thing and have no interest in learning for the next foreseeable couple of years, until I have money worth investing in something.
And what about all of those who are homeless, have no internet/phone access, live in the wilderness, etc? What's to stop them from re-entering society in 10 years only to discover they have a massive amount of debt?
There must be some way for me to exclude myself from this market, from the woefully inadequate security practices of our financial system, without paying a "protection". If there isn't, I would sooner spend thousands on a lawsuit than I would tuck my tail between my legs and pay up.
I'd like to look into this 3rd party agency you mentioned, if you don't mind sharing the name.
(my .02; just because you want to exclude yourself doesn't mean that you can avoid the fallout of someone impersonating you. An identity theft is costly to clean up and better to be caught early than 10,000's or 100,000's in the red. Some aspects, being alert and checking periodically can save headaches in the long run.)
Have you ever had a post paid cellphone plan? Rented an apartment? Gotten car insurance? If so you are probably in the database. You can check what data these companies have on you here:
https ://www.annualcreditreport.com/
>What's to stop them from re-entering society in 10 years only to discover they have a massive amount of debt?
Nothing. They would have to file several disputes.
>There must be some way for me to exclude myself from this market, from the woefully inadequate security practices of our financial system
There is not.
>I'd like to look into this 3rd party agency you mentioned, if you don't mind sharing the name.
I am not the person you are replying to but I do my credit monitoring with Credit Karma and it's free.
Since I don't participate in the credit market, have no affiliation with any bank and do not affiliate with any credit reporting agency, I see absolutely no reason that I should have to pay into this protection racket to cover their asses. I don't even know how to do this credit freeze thing and have no interest in learning for the next foreseeable couple of years, until I have money worth investing in something.
And what about all of those who are homeless, have no internet/phone access, live in the wilderness, etc? What's to stop them from re-entering society in 10 years only to discover they have a massive amount of debt?
There must be some way for me to exclude myself from this market, from the woefully inadequate security practices of our financial system, without paying a "protection". If there isn't, I would sooner spend thousands on a lawsuit than I would tuck my tail between my legs and pay up.
I'd like to look into this 3rd party agency you mentioned, if you don't mind sharing the name.