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Kenneth R. Harney, Latest credit breach exposes mortgage data for thousands of borrowers – There was no lock on the online files that contained their private data. purchase merchandise, even apply for new mortgages – creating havoc for the victims. First reported by trade publication.
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New Study Suggests Online Lenders Target Vulnerable Consumers – Yuliya Demyanyk, a Cleveland Fed economist who co-authored the research, told American Banker that those who apply for online loans are also getting credit from the traditional banking system at the.
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