Who Regulates National Hunters?

boxer691

Can any body tell me who regulats this organisation

boxer691

Its all gone quite, surely someone from the Brittania BS, Hlaifax, RBS or Barclays must know the answer?

Cannon_Fodder

No complaint procedure on NH website.

CIFAS, who are also a Fraud Protection Agency, says if their complaints system is exhausted, it goes to the Financial Ombudsman.

http://www.cifas.org.uk/default.asp?edit_id=606-59 Stage 5.

If you've exhausted the Member route, try the FO.

Leon_W

You seem to have quite a bee in your bonnet about the hunter register !

It is nothing sinister and just monitors applications for financial products. They tally up information to prevent identity fraud and other fraud so surely that has to be a good thing ! They can detect fibs on application forms such as one app would have income of £15,000 another would have £45,000, this would then be highlighted to a prospective lender who would then make their own investigations as to which is the truth.

It is a not for profit organisation set up by the financial institutions and why should it be regulated ?

regards

Dan_1976

If anything it needs more funding to improve it.

boxer691

It needs regulating because they get it wrong and when they do it wrecks peoples lives like mine

Trollfever

Is this crusade for you or your wife?

http://forums.moneysavingexpert.com/showthread.html?p=29066705&highlight=#post29066705

Leon_W

But they haven't got it wrong have they ?

You say the income was input incorrectly but how are they supposed to know that ? That's the whole point. They flag up applications which are inconsistent.

They are a data collector. If that data is incorrect then you have to complain to the organisation that supplied it and not the aggregator.

I also still can't understand why it needs regulating ? What possible benefit can they derive from giving wrong information ?

boxer691

Like I said, it wrecks your life. That means you, your wife and your children, partularly when you have a mortgage declined as a result of innacurate information (Proven)

Are you connected in some way?

boxer691

If this company are so squeeky clean, (a) why dont the financial institutions such as the Big banks and BS's tell you of them and (b) why do you think they need to hide behind a post box number when they are really in Manchester?

Strange really isnt it?

My guess is they actually drop quite a few clangers and leave families devastated.

Sorry but I'm not a fan of this appalling organisation.

VIGILANT22

If the adviser had "massaged" the figures why didn't you raise a complaint against them....