VICTORY (AT LAST) AGAINST THE CRA's!!! Oh, how sweet it tastes!

[andrew1]

Interesting James, you have a soul.

 

From SurlyBonds post on previous page from the email he received from the Director:

 

"We have a legal right to hold information about people that is already in the public domain (e.g. CCJs, IVAs, etc). Other information is collected and supplied under cover of the Data Protection Act 1998 Schedule 2.1 which says that the data subject should have given their consent. This will be collected by your lender or supplier when you apply for a product. A section on the application form will typically direct you to a section on the use of your personal data and will state that "by proceeding you are agreeing to your information being used in this way"."

 

The claims that the CRA's make about their 'consent to processing our data' is being given to them by us via the lender when we sign our contract, I still don't see how that is allowed under the Data Protection Act. any veiws?

 

From Karnevil:

 

"Also the CRAs dont make decisions on lending - they give the info to the companies who you want credit with and they all have their own criteria as to what kind of risk they want to take with you."

 

I believe that to be true although with the 'assistance' of the cra's they are forming an opinion.

 

 

I also believed in the Default Hell thread that Surlybonds was hell bent of destroying the Credit referencing industry and I, like a number of others have relished the thought of putting them in their place whilst cautiously wondering what might happen with our ability to get credit if we removed altogether the info held.

 

I am glad he has cleared the air over his intentions too. I said before that I thought he was out to kill the industry and now he has made a few sit up and reflect again like me and I thank him for the incredible work he has done. I hope his achievments thus far make the industry change their ways, but i fear they will just rearrange their terminolgy in the contracts as shown here on this thread already and carry on as before because the masses dont read what they sign up to ( and I say that with respect for those who actually do read them) and most don't really understand what it implies between the lines, they 'trust' them to be lawful and don't know that they can change them.

 

JamesBond mentions here that the widespread misery caused to families is awful and it is I believe not least caused by the difficulty in not being able to use products available to all those with so called 'low risk' at extremely reduced interest rates. I had a bad few years where my buisness collapsed, my health suffered and my credit rating went to hell after years and years of good finances. To get out of trouble I have paid dearly at phenomenally higher interest rates than the high street to pull myself back and it takes forever at these rates to do it. The CRA's are actually making it more difficult for those trying to get out of trouble so I can see the benefits of trying to hide past anomilies. As long as the system is not abused too much I can't see why we should be so penalised. My past few years bears no resemblance to the 20 yrs history I had before it all went wrong.

 

Just like the banks there will be a long period of denial and standard letters trotting out explaining why they still have the rights to sell our info all over the shop and why it's all in the Terms and conditions. We have to fight for everything.

 

Once upon a time I said getting things like a telephone deal was like taking out a pension it became so complicated with all the tarrifs...well now getting a pension is a doddle by comparison to all this palarva. Onwards and Upwards....

[andrew1]

How about maybe learning something that could help you more in life that keep paying people to do it for you. Not having a go but there are plenty of people (over 80,000) to point you in the right direction with a question and so forth but do a bit of reading and learn to do it yourself. It will make you feel better within yourself and also make you understand the consequences on what could ever happen again.

 

 

You've been reading my posts I agree totally - it's that kind of inspiration that empowers you not just with debt problems but all those day in day out life things where someone somewhere pulls one over on you. Learn as we are all doing by reading joining in ASKING. People like the wonderful PPauls150 are just sitting there waiting to help people to help themselves. If it's hard to do - just ask and we'll help you along. Remember just one little thing - we all started just like you, afraid to speak out, unsure what to do, couldn't understand things, it was all a bit too much and god, wouldn't it be great if someone would do it for us? We'll write your letters, talk you through. You've learned how to register here and post on the forum. Open a thread, put whatever you like in it and sit back and the help will arrive - and its free - from all 80,000 of us. Once you've done it you'll grow inside.