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View Diary: Data Grab? Experian now controls web access to Social Security Admin (322 comments)

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  •  Applying for what? (0+ / 0-)

    All Experian knows is that you want to set up your online password with SSA. They have no idea what you want to do there.

    For most people this is the only way to access the now defunct paper social Security statement, which used to be mailed to 180 million people every year. What value is that to Experian?

    •  If they know your age, and you're setting up (3+ / 0-)
      Recommended by:
      triv33, nchristine, gooderservice

      new access, they can make some pretty damned informed guesses.

      63 year old recently divorced woman struggling to pay her bills tries to access SS?  Yeah, they can make an informed guess that she's likely going to take early benefits.

      And they can profit from that.

      "I have often seen people uncivil by too much civility, and tiresome in their courtesy." Michel de Montaigne

      by JesseCW on Wed Jan 23, 2013 at 11:58:21 AM PST

      [ Parent ]

      •  I'd be willing to bet... (0+ / 0-)

        .... they have enough information on people that they could predict your retirement age pretty easily. About 50% of women already take their benefits at age 62.

        Exactly why is that valuable to them? Compared to what they already know.

        This is incredibly weak tea, you are serving here.

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