125
submitted 2 months ago by wuphysics87@lemmy.ml to c/privacy@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] SnotFlickerman@lemmy.blahaj.zone 95 points 2 months ago

Isn't the entire credit industry built on spying on your financial behavior to be able to decide your credit score to begin with?

[-] wuphysics87@lemmy.ml 12 points 2 months ago

That's certainly true

[-] where_am_i@sh.itjust.works 3 points 2 months ago

Me in yurop, using a debit MasterCard, never needed a credit score. Who has my data, what are they doing with it, and how do I burn down their server?

(The answer, kids, is Stripe. Give it some years, it will be lit)

[-] chobeat@lemmy.ml 3 points 2 months ago

mastercard sends your transaction data live to banks. They sell your data to third parties for marketing, profiling and the likes. Credit score is the least of your problems.

I know because I developed a system, in a major European bank, enriching their transaction data with mastercard data for live, predatory marketing.

[-] where_am_i@sh.itjust.works 1 points 2 months ago

Good point. Time to gdpr my bank.

this post was submitted on 07 Sep 2024
125 points (97.7% liked)

Privacy

32165 readers
327 users here now

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Related communities

much thanks to @gary_host_laptop for the logo design :)

founded 5 years ago
MODERATORS