Petition To Prime Minister

ZTD

dinkylou wrote:

I think it will be a positive thing to stop encouraging people, especially younger people to not have runaway debts.

Young people will have had to agree to T&Cs for sharing of data.
People who want a new loan will have to agree to T&Cs for the sharing of data.

This change seems to only affects those with long-standing bank-accounts (if T. Roll is right - over 12 years old) who do not want debt.

I'm not sure where "younger people to not have runaway debts" fits into that group.

pippitypip_2

Hi all,

My penny's worth is that I don't agree with all the sharing of data and don't think it is designed to help people like 'us' - I'm sure that somewhere in this nasty piece of suggested legislation, big business must profit somewhere or else it wouldn't be government-backed.

Cynicism aside, I agree with education comments whole-heartedly.

I just believe nannying us isn't the answer, but neither should any of us blame the banks etc for the debt we're in. We either all need looking after OR we accept we're all responsible for our own actions (no matter the circumstances surrounding our debts).

I personally believe I'm responsible for my own actions and would rather stay that way for bad or for good.

pippitypip

Malcolm_Davis

Looking at the government's proposal paper, it suggests there are millions of people who don't have any credit. (see earlier post)

The credit reference agencies thus must have blank records for them.

Add millions of bank accounts, those millions of people with nothing on their credit file will suddenly have a credit record, where before they didn't.

Do the credit checking firms do their business for the good of their health?

Malcolm_Davis

Hi all,

Nearly 4,500 signatures on the petition to stop the government allowing the banks to report our bank account details to the credit reference agencies, without asking our permission first. This could affect around 30 million bank customers! and is very much against our human right to privacy.

If you haven't done so already please sign the petition on the 10 Downing Street website.

http://petitions.pm.gov.uk/bankdatasharing/

If you agree, and do sign the petition, please come back to this thread and say you have signed it.

Every new post puts this thread in the 'new posts' section on MSE, and keeps it seen by others who might not know there private information could soon be given away, without their consent first being sought.

Donel261

http://www.no2id.net/