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Consumer Law

: Caveat Emptor

Credit card companies? data mining tricks

By Sam Glover

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The credit card industry makes big bucks off of fees, and they carefully mine data to target consumers who are likely to rack up those fees. They mine court data, public records, and buy profiles from companies like Equifax who collect data on their own customers. Some of the most gullible consumers apparently include those who [...]

Full post as published by Caveat Emptor on October 23, 2008 (boomark / email).

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