Credit and Identity Theft in the Upcoming Election

The midterm elections are just over a week away. Along with numerous hotly contested senate and house races, there are also several personal finance related issues on the ballot this November. Here are some notes:

Oregon - Oregon residents will vote on the legality of using credit scores for insurance calculations.  In 2003, Oregon banned the use of credit scores to evaluate existing insurance customers. Now they'll have an opportunity to ban the use of credit scores for new customers as well. The insurance industry has spent $3.7 million trying to defeat this measure.

San Francisco - San Francisco residents will vote on Proposition D next week. This measure updates city law to prohibit unauthorized sharing of private information, selling of data or these actions through contractors. These rules are designed to protect consumer privacy and guard against identity theft.

Are you voting on a credit or personal finance related measure in your state? Let us know! Post the details in the comments section or email us!