As the information superhighway becomes more of a reality, concerns about protecting the privacy of personal information have increased. The transition to the Information Age is allowing some financial and consumer information to be more readily available to businesses and organizations.
But consumers may not be aware that they can direct how their public information is used. There are ways to manage personal information to take full advantage of the opportunities available through emerging technologies.
For example, did you know that...
- ...a considerable amount of basic information is a matter of public record and readily available? This information is often used to build mailing and telemarketing lists.
- ...your credit report, where permitted by law, is one of the most frequently used sources of financial information? Periodically review your report to verify that it is both current and accurate. If you find mistakes, write to the credit reporting bureau with an explanation and ask them to correct your records.
- ...certain types of information are not available without your express consent? Your permission is required to release information such as federal and state tax records, social welfare information, as well as criminal and medical histories.
