So let's say you use your credit card to buy drinks at the bar every single night. This data gets to the health insurance company and they might raise your rates. I remember 15+ years ago talking about credit data with people who were involved. This is before facebook was anywhere as big as it is now (to give context). I worked for a company that developed software for POS terminals and no one ever heard of the company I worked for except this girl I met from American express. They wanted so badly to get data from us.
So let's say you use your credit card to buy drinks at the bar every single night. This data gets to the health insurance company and they might raise your rates. I remember 15+ years ago talking about credit data with people who were involved. This is before facebook was anywhere as big as it is now (to give context). I worked for a company that developed software for POS terminals and no one ever heard of the company I worked for except this girl I met from American express. They wanted so badly to get data from us.