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The Clark Howard Podcast

7.2.19 How to complain about credit bureau issues; Your privacy at stake while shopping

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 2 July 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

You have to know where to go to complain when you have issues with a credit bureau; Brick and mortar stores are tracking you while you are shopping.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm so glad you're with us here on the Clark Hatwood Show where it's about your empowerment

0:10.6

with knowledge so you can keep more of what you make.

0:13.9

When you have a question for me, go to Clark.com slash ask.

0:19.3

Coming up later, when you shop online, when you're surfing, you know there are prying

0:25.8

eyes and spies all over the place.

0:29.3

But what about when you're out and about?

0:32.0

What do people know about you when you walk into a physical establishment, a store or whatever?

0:39.4

Well this is kind of creepy, I'll be sharing with you what they do know.

0:43.9

Here's something you need to know.

0:46.2

The number of complaints, problems that we as consumers are having with financial institutions

0:54.6

is insanely ridiculous.

0:58.1

There's a new report from the Consumer Financial Protection Bureau about how many complaints

1:04.3

they've received about banks, credit bureaus, it's 1.2 million just in the last several months

1:14.5

over a quarter million.

1:17.3

Some of that is continuing fallout from the Equifax data breach for which Equifax has

1:25.0

not suffered any sanctions or penalties at all.

1:29.5

And the Congress on the take doing whatever the big money crowd wants them to has done

1:35.8

not a single thing to protect consumers or done anything to force the credit bureaus

1:44.5

to behave themselves.

1:46.6

The three most complained about organizations in the United States to the Consumer Financial

1:52.6

Protection Bureau are Equifax Trans Union and Experian.

1:57.7

And you have a dispute, you have a problem with something on your credit report, you have

...

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