Instant Credit Means Instant Identity Theft
MSN Money's Bob Sullivan writes about the risks of instant credit and identity theft, calling instant credit an "equal opportunity nightmare."
"Immediacy is the enemy of accuracy,” says Marty Abrams, former executive at credit bureau Experian Corp., and now an analyst with Hunton & Williams. “ID thieves are successful because we have a marketplace based on immediacy. We can’t move away from instant credit but it is the enemy of good authenticity.”
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