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High Tech News

Sweden Cracks Down on Web Credit Checks

Sunday, June 03, 2007 4:26:10 PM
By LOUISE NORDSTROM

STOCKHOLM, Sweden (AP) - Swedes will no longer be able to snoop through each other's finances anonymously after a popular Web site agreed to tighten the rules on its credit information services, officials said Friday.

Ratsit.se, which allows users to browse the income and other personal information of all Swedes free of charge, will impose certain restrictions this month after pressure from the national tax authority.

The site has become hugely popular after it started in November, with some 610,000 registered users and an average of 50,000 online credit checks a day.


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