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      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
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Petition to: Regulate the UK's Credit Reference Agencies. | Number10.gov.uk


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Click on the following link to sign a Petition about Credit Reference Agencies needing to be regulated:

 

Petition to: Regulate the UK's Credit Reference Agencies. | Number10.gov.uk

 

Everybody is affected by the inaccurate data that the CRA's process.

 

The petition closes on 2nd January 2010, so far 358 members who have signed;

In order, that the petition will be accepted by the Prime Minister, the petitiion must have 500 or more signatures.

 

Dont sign, if you will never need a mortgage or a loan from a bank again;

Dont sign, if you are happy about paying extortionate interest e.g. 2,580% interest from a loan shark

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I'd suggested posting the link on other forum boards some time ago.

 

Someone here must be the member of other forum boards besides this one (I'm ashamed to say that I'm not!).

 

I have posted up a link to the petition on another forum, of which I am a member.

Unfortunately, as far as I am aware, only one member of that forum has signed the petition.

 

If anyone is a member of:

Money Saving Expert (MSE);

or; Penalty Charges.

Perhaps, they could also post up links to the petition on those consumer forums.

 

To be quite frank, I cannot understand the apathy re: signing the petiton?

Perhaps, some peoples caution is in relation to revealing their names?

 

Anyhow, when people come onto forums moaning and whining about, how unfair the Credit Reference Agencies have been/are, in processing inaccurate data on their CRA credit files;

they should ask themselves;

why did I not sign the Number 10 Downing Street Petition about CRA's?

why didn't I make my voice heard?

 

For the avoidance of doubt, please read the following details about this Petition:

 

"More details from petition creator:

We ask the Govt to regulate credit reference agencies (CRA's) in the UK.

 

CRAs have cartel power, and unfairly prevent a large tranche of potential borrowers from obtaining credit, removing their spending power from the economy.

While the credit crunch was in part caused by careless sub-prime lending in the USA,The UK CRAs often hold innacurate and unfair information on borrowers.

Inaccurate because lenders register info unregulated , often innacurately, someimes maliciously and always without arbitration/third party assessment ..Unfair because the emphasis is only on past credit history and the Public have to jump through hoops to explain past problems.

This takes millions of UK consumers out of the loop. Nothing is recorded about current changes future prospects etc ..Banks choose how they use the information concerned, but information needs to be more accurate and fair.

 

The EU have plans to regulate the CRA's via IOSCO but UK regulation is required to give teeth to the EU initiative."

 

At the end of the day, it is up to the British electorate to force the Governement to act on this matter.

The choice is, 'Yours'!

 

Please Sign:

http://petitions.number10.gov.uk/experian-equifax/

Edited by angry cat
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I have posted up a link to the petition on another forum, of which I am a member.

Unfortunately, as far as I am aware, only two members of that forum has signed the petition.

 

If anyone is a member of:

Money Saving Expert (MSE);

or; Penalty Charges.

Perhaps, they could also post up links to the petition on those consumer forums.

 

To be quite frank, I cannot understand the apathy re: signing the petiton?

Perhaps, some peoples caution is in relation to revealing their names?

 

Anyhow, when people come onto forums moaning and whining about, how unfair the Credit Reference Agencies have been/are, in processing inaccurate data on their CRA credit files;

they should ask themselves;

why did I not sign the Number 10 Downing Street Petition about CRA's?

why didn't I make my voice heard?

 

For the avoidance of doubt, please read the following details about this Petition:

 

"More details from petition creator:

We ask the Govt to regulate credit reference agencies (CRA's) in the UK.

 

CRAs have cartel power, and unfairly prevent a large tranche of potential borrowers from obtaining credit, removing their spending power from the economy.

While the credit crunch was in part caused by careless sub-prime lending in the USA,The UK CRAs often hold innacurate and unfair information on borrowers.

Inaccurate because lenders register info unregulated , often innacurately, someimes maliciously and always without arbitration/third party assessment ..Unfair because the emphasis is only on past credit history and the Public have to jump through hoops to explain past problems.

This takes millions of UK consumers out of the loop. Nothing is recorded about current changes future prospects etc ..Banks choose how they use the information concerned, but information needs to be more accurate and fair.

 

The EU have plans to regulate the CRA's via IOSCO but UK regulation is required to give teeth to the EU initiative."

 

At the end of the day, it is up to the British electorate to force the Governement to act on this matter.

The choice is, 'Yours'!

 

Please Sign:

Petition to: Regulate the UK's Credit Reference Agencies. | Number10.gov.uk

 

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if you've signed, dont forget ANYONE in your house who is the electrol role can sign too! Like your partner or any kids over 18! were getting we there1

 

only need 120

 

cag has 250k members

 

also please please post the link on as many other forums you can think of!

 

thanks

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if you've signed, dont forget ANYONE in your house who is the electrol role can sign too! Like your partner or any kids over 18! were getting we there1

 

only need 120

 

cag has 250k members

 

also please please post the link on as many other forums you can think of!

 

thanks

 

Click on the link below:

Petition to: Regulate the UK's Credit Reference Agencies. | Number10.gov.uk

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