Journal hotspotbloc's Journal: Equifax's CEO calls free annual credit reports unamerican.
Equifax's CEO Thomas Chapman gave the world these notable quotes while recently at the Commonwealth Club of California about the Fair and Accurate Credit Transactions Act, which provides consumers with a free copy of their credit report every 12 months to check for inaccuracies and fraudulent activity.
"Our company felt, and still does
... that it's unconstitutional to cause a public company who has a fiduciary responsibility to return profit to shareholders to give away the product," "Most of my shareholder group did not think that giving away our product was the American way."
"That's like turning on the smoke alarm once a year,"
Actually you're suppose to test your smoke detectors once a month.
Equifax, Experian and TransUnion are the true "axis of evil". BTW, here's some info about the Fair Credit Reporting Act and how to get your free credit report (not like those scam sites).
Equifax's CEO calls free annual credit reports unamerican. More Login
Equifax's CEO calls free annual credit reports unamerican.
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