As of 12 November 2000, the CRAs will not be able to sell or otherwise provide credit header information without a permissible purpose as defined by the FCRA. The FTC has issued a ruling that this practice is inconsistant with the recent banking reform legislation. Expect lawsuits from the CRAs, Database companies, private investigators, and other perpetraitors of organized invasions of privacy.
RE: What are Credit Headers "Credit headers" refers to a report that contains a person's name (plus aka's), address, telephone number, social security number, spouses name, employer and other identifying information located on a credit report. The information was sold to companies that used the information for such things as skip-tracing debtors, locating witnesses for civil matters, insurance fraud cases, and other legitimate purposes. They do not contain any credit specific information. They painted this one with a much too large brush if you ask me. We'll see how those lawsuits fair....
