Your Credit Card Company Knows More About You Than You Think They Know
http://www.nytimes.com/2009/05/17/magazine/17credit-t.html?ref=business
If you thought that the credit card company and its representatives that make collection calls to you have information just about your credit card debt and other basic financial information, you are in for a shock. In a startling revelation, the magazine of NY Times has revealed that the card companies are privy to much more than your personal finance information. They probably know about your break ups and divorce, your spending patterns, how you have been managing your finances and much more.
These days, card companies have done with their practice of handing out credit cards with little discretion. Now, they do check not only your credit score but also some details about how honest and diligent you have been in taking care of your debts and how your personal life has been so that they don’t have to worry about losing money just in case you face a divorce.
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