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ConsumerSay: Just Say No?

Posted on Apr 2, 2008 by Tom Fragala

Rusty padlockConsumerist has a blog post about a service called ConsumerSay that pays you $20 to hand over a lot of sensitive personal information, including credit card accounts. They use this data to track your habits and understand consumer behavior and opinions. At a glance, it does not appear that ConsumerSay is a "scam" (although that depends on your definition). It is run by a company called Lightspeed Research, which appears to be a subsidiary of WPP, one of the world's largest marketing and advertising companies.

Joining and participating in ConsumerSay is free. Please be assured that your credit card account(s) will not be manipulated or altered in any way. You are simply granting us permission to view your transactions. You will not see any charges on your credit card as result of your participation on ConsumerSay.

Anybody out there think this is a good idea?



Filed under: Privacy, Tips

Comments

M B on Apr 9, 2008

Sounds like a bad idea to me!

Arnold Jenkins on Apr 9, 2008

ID theft is bad enough~-why give your data away to some company that could lose it anyway?

Angie on May 27, 2008

I got this email too, and i didn't give out any information OTHER than that of what kind of credit card i had and what bank it was through, didn't tell them any CC numbers or anything, so i should be okay?

===============

Angie,

you are fine, no worries.

--Tom
Truston

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