Experian/Equifax/CallCredit

UsetheFORCE

Isn't it about time that ALL 3 Credit Reference Agencies were put out of business and replaced by 1 National Agency (for personal consumers, at least) with fixed low or FREE prices and a clear legally defined way of operating!!!

Considering the influence on people's financial affairs and other potentially linked affairs such as housing and employment, isn't it the best way to go?

Views?

rizla_king

It's about time that banks were made to dirty their hands collecting their own bad debts, rather than passing or selling them to some debt collector, who they can distance themselves and their reputation from.

Theres not got a chance in hell of that happening either.

Tixy

I don't see an issue with there being different agencies.

They do have fixed low pricing - its £2, which is a lot cheaper than obtaining information under the data protection act.

I have thought in the past it it would be good if all consumers were able to get 1 free copy from each agency once a year but £2 is not a lot of money.

chanz4

America give 1 free report a year via equifax

Thrugelmir

Majority of people should never have a need to refer to their credit profile.

Without the data then the cost of borrowing would be far higher.