The Red Brick Times

Forty-five states and the District of Columbia have enacted laws requiring the credit bureaus to enable consumers to protect their credit files with a security freeze.Ohio, along with Alabama, Iowa, Michigan and Missouri, do not allow their citizens this most basic of protection. Well, lo and behold, the Ohio lobbyists must have decided that the bribes they pay our state representatives to keep this service from us have gotten way out of hand because, as of today, they're now allowing it in Ohio.

Posted 6:14 AM by whatley (2) comments

       Comments:

I recently got my house insurance bill and, lo! it was substantially elevated. The accompanying text stated "you are not being offered the lowest price" because they are basing insurance pricing in some part on non-claim information, like the fact that I have not been working for two years and my credit history reflects that. In the thirteen years I have had this same policy, I have never claimed, never been late with a payment, never given them anything but steady, reliable income from my business. So, of course, my rates go higher because I was unemployed for a time. I think that the use of credit info, and a security freeze, do not NEARLY go far enough. This is greed and financial abuse by companies that are now required by law of all consumers (like auto insurance) due to industry lobbying efforts.

The surcharge charged by the County on all vehicle registrations is another financial blood-sucking. It adds a flat $20 on top of all other costs. What do we get? A big new County office building in downtown Elyria. And lousy money-losing management of the Lorain County Airport.

The State's license policy too. I did not register my Honda in May, but let it sit idle until August to save $$. When I bought the sticker in August, the cost was the full year amount. That's the State's policy - make one pay even when the services proffered are not used.

# posted by  Andy : September 02, 2008 6:43 AM
 
Try not owning a car. If for some reason (maybe you lived in NYC or on a college campus) you didn't own a car, and therefore didn't need car insurance, when you next try to get it you will be considered "high risk" and will pay accordingly.

# posted by  whatley : September 02, 2008 12:29 PM
 
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