Support Campaign for free credit reports

[Sparkie1723]

I subscribed to this campaign anyone else want to support it here the draft letter they sent to send to M Ps

Sparkie

MP: ……………………House of Commons
London
SW1A 0AA


Credit reporting


Dear ………………………
I am writing to you to express my concerns about Britain's credit reporting system.

The current system requires you to either pay a monthly fee for full access to your credit report, or else pay for a one-off statutory report from each of the three credit reference agencies.

Additionally, if you are refused for credit on the basis of your credit report the reasons are often not properly explained, and the credit reporting agencies own systems for scoring vary widely. I have therefore joined the It's My Report campaign at www.itsmyreport.com, calling for:

1 Free annual credit reports and scores

2 That lenders should give a specific reason if you're rejected because of your credit report, along with a free copy of the report used as part of the credit application

3. Standardized credit scoring between the credit agencies
I hope I can count on your support.
Yours sincerely,
……………………………………………

[Sparkie1723]

Re: Support Campaign for free credit reports

A bit more info Sparkie The It’s My Report Roundtable, 2015 We’ve taken your signatures and comments to the credit reference agencies, to lenders, to the regulator, and to the Government. The three credit reference agencies – Experian, Equifax and CallCredit – have "offered their support", but there’s a big difference between words and action. That’s why we’re organising a roundtable with key industry figures to make sure the people that have the power to make a difference listen.

What we need from you We are already in touch with a range of MPs but we need your support. We would like you to send a letter to your MP explaining what It’s My Report is and why it matters to you. To help we’ve drafted a letter for you to sign. You can print it out as a PDF to mail it, or edit it as a Word document to email:

[Dorco99]

Re: Support Campaign for free credit reports

A bit more info Sparkie The It’s My Report Roundtable, 2015 We’ve taken your signatures and comments to the credit reference agencies, to lenders, to the regulator, and to the Government. The three credit reference agencies – Experian, Equifax and CallCredit – have "offered their support", but there’s a big difference between words and action. That’s why we’re organising a roundtable with key industry figures to make sure the people that have the power to make a difference listen.

What we need from you We are already in touch with a range of MPs but we need your support. We would like you to send a letter to your MP explaining what It’s My Report is and why it matters to you. To help we’ve drafted a letter for you to sign. You can print it out as a PDF to mail it, or edit it as a Word document to email:

Agree with this campaign. Credit Reference agencies charging monthly 'membership' fees to members of the public (all of them, if they can - for life!) plus all registered companies (much higher fees) is a national scam and should be stopped. These leeches do not provide services to anyone but financial services providers (who should cover all the costs) and they are basically hostile to consumers. They accumulate vast files of often inaccurate data about you and then charge you for the privilege of looking at it!
You can and will, be turned down for credit for the smallest real or imagined infraction, including disputed debts or claims and civil fines, appearing on your 'record'.
I say end this unfair system now.