Surprising Things the U.S. Government Knows About You
Credit limit and outstanding debt
Credit agencies offer one-stop shopping for an awful lot of our personal information. They gather as much info on our financial lives as they possibly can – how much credit we have, want or have been offered; the size of debt we’re burdened with, how timely or untimely we pay our bills, and whether we’ve ever attracted the attention of a professional bill collector.
The agencies aggregate this info and make it available to anyone willing to pay for it, such as banks, credit card issuers, auto lenders, insurance companies, landlords and employers. Credit bureaus also provide info to the U.S. government – no court order required.