Equifax collects many kinds of data about people and correlates them for profiling.

Banks should offer each client the option of saying nothing to Equifax (and other credit bureaus) about that client. If you don't want your account or your address to contribute to a credit rating, why should that be imposed on you?

Likewise for all employers. They should not be allowed to tell credit bureaus anything. All they should be allowed to do is give the employee stamped envelopes, saying "Mail these if you wish."