If you are having trouble sleeping one night but don’t mind a possible nightmare of being crushed by a multi-billion dollar corporation, you can read Experian’s Terms of Use Agreement here:
 https://www.experian.com/help/terms-and-conditions.html

So to reiterate – if you have a problem with Experian, you would have to air your grievances in arbitration, not any court. If you are not familiar with arbitration, you can think of it as a fake court that has been found to be very unfair in favor of businesses (who pay them). If you’re interested, you can learn more about how unfair forced arbitration is here https://www.consumeradvocates.org/for-consumers/arbitration/ or here
https://www.citizen.org/article/mandatory-arbitration-clauses-are-discriminatory-and-unfair/

This should beg the questions: Why is Experian so worried about you suing them in court? Why are they so worried about class actions? And wait… are they luring you to click through this “agreement” with the promise of a higher credit score? Yes, they are. In exchange for a higher credit score, you have to promise to never sue them in court.

And if you’re wondering whether Experian ever goes so far as to enforce their forced arbitration clauses; yes, they do . . .

New Analysis Finds Consumers Reported Losing More than
$1 Billion in Cryptocurrency to Scams since 2021

Most of the Losses Consumers Reported were to Bogus Cryptocurrency Investment Scams

Consumers reported losing over $1 billion to fraud involving cryptocurrencies from January 2021 through March 2022, according to a new analysis from the Federal Trade Commission. Fraud reports suggest cryptocurrency is quickly becoming the payment of choice for many scammers, with about one out of every four dollars reported lost to fraud paid in cryptocurrency.

The FTC’s latest Consumer Protection Data Spotlight finds that most of the cryptocurrency losses consumers reported involved bogus cryptocurrency investment opportunities, which totaled $575 million in reported losses since January 2021. These scams often falsely promise potential investors that they can earn huge returns by investing in their cryptocurrency schemes, but people report losing all the money they “invest.”
After cryptocurrency investment schemes, the next largest losses reported by consumers were on:

• Romance Scams: These often involve a love interest who tries to entice someone into investing in what turns out to be a cryptocurrency scam.
• Business and Government Impersonation Scams: Reports show these scammers often target consumers by claiming their money is at risk because of fraud or a government investigation and the only way to protect their cash is by converting it to cryptocurrency.

Reports suggest that cryptocurrency-related scams often begin on social media. Nearly half of consumers who reported a cryptocurrency related scam since 2021 said it started with an ad, post or message on a social media platform.
People ages 20 to 49 were more than three times as likely as older age groups to have reported losing money to a cryptocurrency scam. Older age groups, however, reported losing more money when they did report a cryptocurrency-related scam.

Some of the red flags consumers should watch out for include:

• * anyone who claims they can guarantee profits or big returns by investing in cryptocurrency;
  
• * people who require you to buy or pay in cryptocurrency;
  
• * and a love interest who wants to show you how to invest in cryptocurrency or to send them cryptocurrency.
  

The Federal Trade Commission works to promote competition and protect and educate consumers. Learn more about consumer topics at consumer.ftc.gov, or report fraud, scams, and bad business practices at ReportFraud.ftc.gov. Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Anyone who has EVER thought of "investing" in cryptocurrency or "non-fungible tokens" (NFTs) should watch this priceless expose.

Pat Dennis @patdennis

Sick of people calling everything in crypto a Ponzi scheme. Some crypto projects are pump and dump schemes, while others are pyramid schemes. Others are just standard-issue fraud. Others are just middlemen skimming off the top. Stop glossing over the diversity in the industry.