Credit Freezes and Personal Information


Kevin Drum has this right though he does not go quite far enough:

I have an idea to fix this: don’t take three days to unfreeze the report. In fact, I have a better idea: by default, personal credit reports should never be shown to anyone until the credit reporting agency contacts the consumer independently and receives permission to do so. This could be by phone, internet, or mail.

I proposed something related but more generalized a while back:

No institution or business, government or private, can be allowed to collect or distribute, for free or for fee, any information about an individual without that individuals specific consent on a per incident basis and if the distribution is for a fee then that individual must be compensated at a rate agreeable to the individual.

We must give back control of personal information to the owner of that information: the involved individual. Right off the top I can’t think of any acceptable exception to this.
In the other direction and something I did not address in the earlier post:

Individual consumers of goods and services may disclose evaluative and price information about their transactions with individuals and entities who regularly offer goods and services to consumers. Individuals and businesses engaged in commercial activity may disclose price and evaluative information about their activities as long as this information can not be related to an individual connsumer. Private institutions or businesses may collect and disseminate this information for free or for fee except as noted above.

Thus you can evaluate and provide pricing information about your doctor, lawyer, service station, hardware store, etc., by name but not vice versa.
The general principles here are: 1) individuals own information specifically related to them; 2) therefor individuals can not be prevented from releasing seller specific evaluation or information so long as that information is truthful and non-libelous; and 3) for these purposes corporations, partnerships or other commercial associations of individuals are not individuals.