Credit reports

How can this capability be a benefit?

- How can it be harmful?

- Are there solutions to maximize the benefits and minimize harm?

In your responding post, discuss if you agree with the initial thoughts or disagree and why.

re savvy enough to know that the women receiving these promotions m if they discovered Target knew they were pregnant. In order not to tip th Target made sure that the mailings to the women included offers on wineg mowers, and other unrelated items mixed in with the offers for diapers. and cribs [54) were probably preglan ht be baby CREDIT REPORTS Credit reports are a great example of how information about customersh a commodity. A credit bureau is a company that keeps track of an individual's assets debts, and history of paying bills and repaying loans, using this information to deter mine the creditworthiness of that person. Credit bureaus sell credit reports to banks credit card companies, and other potential lenders. Thanks to the national credit bureau system, you can get a credit card from a bank or store that you've never done business with. When you want to borrow mon purchase a home, you don't have to go to your local bank. You can get the money from a bank across the country that trusts you to repay the loan because of your high credit score. Competition among banks leads to lower interest rates, a definite advantage for consumers. Of course, if you have a poor record of paying bills on time and repaying loans credit score will be low. People with low credit scores have a harder time getting loans and pay higher interest rates on the loans they do get. A poor credit report can come back to haunt people in ways they might not have anticipated. Many employers conduct a credit check late in the job interview process way of double-checking a candidate before making a job offer. A credit reporteceed an employer doesn't give the applicant's credit score, but it does list the applicant Critics of the use of credit reports when making hiring decisions have stated tha reports can cause employers to shy away from minorities and those who are cun ch out of work. "I think the assumption that is made is, if somebody is Demany cases bills, then it tells something about their integrity or responsibility that assumption is flawed," said Sarah Crawford of the Lawyers Rights Under Law [55] but in th Committee Civil TARGETED DIRECT MAIL AND DATA BROKERS Years ago direct mail marketing meant mass mailings of advertisem is toward targeted direct mail, in which businesses mail their adverti leads most likely to be interested in purchasing their products are available from data brokers: companies that combine information the nts. Today rtisements only to . Customized mailing