At 07:20 PM 4/10/04 -0400, An Metet wrote:
...
BlackNet thwarts such limitations on the reporting of consumer credit.
Clearly, providing access to this data harms individual privacy.
Yet Cypherpunks traditionally have supported this concept. A privacy
advocacy group promotes technology which would
On Sat, Apr 10, 2004 at 10:33:39AM -0700, Major Variola (ret) wrote:
> Thanks for the distinction, however it still makes CC folks slaves of
> the
> State. Suppose Joe Badcredit finds a blank application and applies?
> The State then uses violence to coerce the CC into non-consensual
> transaction
Regarding the question of whether debt must be merely 'forgiven'
or actually 'forgotten', see http://www.epic.org/privacy/fcra for
information on the Fair Credit Reporting Act of 1970:
"The FCRA limits the length of time some information can appear in a
consumer report. For instance, bankruptcies
Tyler Durden writes:
> What the law actually states is (basically) a defaulted loan must be
> forgiven after seven years. In other words, it is illegal to continue to
> attempt to collect on a loan, 7 years after the default.
There are different levels of illegal. The most important one is the
At 11:18 AM 4/10/04 -0400, Tyler Durden wrote:
>What the law actually states is (basically) a defaulted loan must be
>forgiven after seven years. In other words, it is illegal to continue
to
>attempt to collect on a loan, 7 years after the default.
>
>However, it is perfectly legal to remember that
At 05:16 PM 4/9/04 -0400, Tyler Durden wrote:
>(As an aside, although debt has to be -forgiven- after 7 years,
contrary to
>popular belief it is not true that a debt has to be -forgotten-...I
know of
>one credit major card company that will not accept 'new' cardmembers
that
>didn't pay back what th