Lazarus Slams Senate Bill for Preempting Stronger State Credit Freeze Laws

Here, in the LA Times.  The headline reads White House-backed bill purports to strengthen consumer protection. It does the opposite.  Excerpt:

California's credit-freeze law, for example, says no one can access your credit file if a freeze is in place, including a potential employer performing a background check or an insurance company.

The new federal bill, however, stipulates that even if you freeze your credit file, its contents still could be accessed by "any person using the information for employment, tenant or background screening purposes" and "any person using the information in connection with the underwriting of insurance."

That obviously means more business for the credit agencies, freeze or no freeze.

"At the end of the day, this is a bill that benefits the big three credit agencies,"[U.S. Public Interest Research Group consumer campaign director Mike]  Litt said.

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