Experian has ruined opportunities for me time and time again, thanks to its inaccurate reporting. Some folks are just blind to appreciating just how crooked, cunning and conniving they really are. For crying out loud they even hold annual conferences in which one of the topics is badically about how to craft arguments to avoid liability even when the law, the facts and the evidence is against them. I have sued them twice, I couldn't even find an apartment because of an inaccurate report from them. Even though I otherwise qualified.
Even though, I disputed in writing, via phone calls, and even directly with a supervisor over there and plef with her to escalate my dispute up the chain . The earlier posts about large awards being designed to encourage billion dollar corporations not to screw the little guy is on point. Do you folks realize that such moral arguments fall on Experian's deaf ears if they think (whether it's the case in reality or not) the law allows them to do something immoral? Do you think their board and executives give a **bleep** about fairness? If so, you can bet your bottom dollar that they only care about a moral argument to the extent that proverbial shoe ends up on the proverbial other foot and the punishments really costs them a pound a flesh short of that they don't give a **bleep** about morals and what they value... namely money. Its the same principle in criminal cases and punishments there without something to take away or injure their is no threat to deter wickedness.
And as far as the thread referring damages being given to the SEC, **bleep**? The SEC. 1. has nothing to do with credit reporting,( the federal agencies that do are the FTC and CFPB) 2. Why pay the government damages? That's what Taxes and Fines are for. 3. Punitive Damages are designed to encourage citizens to take an active role in upholding the rule of law, whether that law is common, case or statutory. (Mod Cut-Please lets keep this FSR and respectful of others. Thank You)
