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Ask HN: Why is Pave legal?

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Re: Ask HN: Why is Pave legal?

#371

Post by Yizahi »

SoftTalker wrote: post #131
wing-_-nuts wrote: post #126

Earlier quoted context omitted.

I downloaded a personal report from the work number website and found to my horror that my employer was reporting every. single. paystub. gross and net, to equifax. That felt like a huge breach of privacy. Given that equifax had already proven incompetent at keeping my data secure, I immediately sent HR a request to stop sending my supposedly 'confidential' pay info. They politely told me to kick rocks, so I went on…

Don't ever work in the public sector then. Your salary is public record, open to anyone who is curious enough to look.

The problem is not public salary. In EU multiple countries have it public with noe issues to anyone. I'm outside of EU and also have my data public due to owning an LLC.

The problem is identity fraud, and evil corpos like equifax plus some weird laws facilitate it way too much on a giant scale. This is what's infuriating.

Re: Ask HN: Why is Pave legal?

#372

Post by p1esk »

jnwatson wrote: post #250
atrettel wrote: post #115

I have never heard of Pave before, but this just sounds like yet another copy of Equifax's "The Work Number" [1]. Basically, HR at many companies gives your salary and employment history data to Equifax, who then sells access to the information to certain parties with supposed need to access it, including potential and current employers and creditors. This report is likely one of the most invasive consumer files out…

I froze the report, and I also told my employer not to report anything to Equifax (which luckily my employer allows). This made getting approved for a mortgage more difficult. These days, loan officers just expect to be able to hit a button and get all your info. We're losing the privacy battle.

Loan officers typically want to see bank account balance, paystubs, and tax records.

Re: Ask HN: Why is Pave legal?

#373

Post by ac29 »

MatthewMcDonald wrote: post #339
369548684892826 wrote: post #306

Earlier quoted context omitted.

But why not just pay by card, that must be even easier?

Many (most?) dealerships have a policy of not accepting more than a few thousand dollars on a credit card, they don't want to pay the fee

I recently bought a car and they were happy to let me put up to 100% of the purchase on a card so long as I paid the card processing fee (something like 2 or 3%).

Re: Ask HN: Why is Pave legal?

#374

Post by laxk »

The funniest thing about all this is that everyone around knows about the employees’ salaries, except the employees themselves, and at the policy level it is often written that you do not have the right to disclose this information.

Re: Ask HN: Why is Pave legal?

#375

Post by A4ET8a8uTh0 »

jkaplowitz wrote: post #366
Kon-Peki wrote: post #266

Earlier quoted context omitted.

Nobody asked for it. But it’s part of the world we live in. And we’re all walking around oblivious to the advantages and disadvantages it gives us.

We shouldn't be oblivious to those advantages and disadvantages, since then we can't decide as a society whether those advantages and disadvantages should remain or be altered. That alone is a good reason to regulate this away. Or at the very least, require Equifax to send free physical mail notifications to everyone when their data is accessed, stating when, by whom, why, and what answer was given. (Physical mail be…

True, but when do you even have it explained. Last time I was purchasing a car for wife, the clerk simply made a crack about how my information is now all theirs ( I forgot the exact phrasing ). And those are people who are motivated to make sure you buy so thus incentivized to make sure you are not put off.

And don't even get me started on an average person. I get blank stares when I go on a privacy rant. At best, they simply do not have time to care.

Re: Ask HN: Why is Pave legal?

#376

Post by dzonga »

a lot of companies already do this - in the UK they call it benchmarking. they get data from companies they compete with for talent, from data-brockers i.e people who buy compensation data from companies. then set your pay based on what those companies are paying.

collusion in another name if you ask me.

Re: Ask HN: Why is Pave legal?

#378

Post by A4ET8a8uTh0 »

jimbob45 wrote: post #343
billjings wrote: post #132

As described, it is a fair ways away from what RealPage is doing. Specifically: * RealPage sells raising rents, not just market info. * RealPage pressures clients into taking their higher rents. * RealPage also pressure clients to refuse to rent at lower rates for their own narrow economic interest - in other words, they actively seek to circumvent competitive pressure to keep rents high. (edit: to clarify, I mean th…

RealPage pressures clients To be clear, they're not "pressuring" them, they simply drop clients as a rule who don't use their suggested rent prices at least 80% of the time.

Now that is interesting. I personally find the difference almost without meaning, BUT I am very curious. What is the incentive for them to do this? To they get a point off of the increase?

Re: Ask HN: Why is Pave legal?

#379

Post by [deleted] »

akira2501 wrote: post #365
Kon-Peki wrote: post #214

Earlier quoted context omitted.

… and the usage? Most highly-paid people have no idea how much privilege this affords them. You wonder why so many businesses are nice to you? It’s because they’ve already looked you up and know you’ve got a high income and are a millionaire. Write a personal check for your next automobile? Sure thing, you can drive it off the lot a few minutes later. They won’t even bother cashing the check for a week or two. Try do…

You wonder why so many businesses are mean to you? It's because they've already looked you up and believe from the data that you won't be a good customer. The dealership can also just call the bank to verify funds. Which would be reasonable and non-discriminatory all without needing a third party and wouldn't involve your salary at any level. Aside from this it's the financing company that cares, not the dealership,…

[deleted]

Re: Ask HN: Why is Pave legal?

#380

Post by olyjohn »

369548684892826 wrote: post #306
duderific wrote: post #283

Earlier quoted context omitted.

I did this for my recent automobile purchase. It's very convenient from my perspective to simply write a check and hand it to them.

But why not just pay by card, that must be even easier?

I'm not going to pay by card for a huge purchase, and have the card company take 3% off the top. That's just a dick move when you can just write a check that does the same thing.
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