Cifas Protective Registration - a quick question.

Little_Mama

Hi,

In the light on all the CHB debacle I'm still toying with taking out the Cifas Protective Registration.

Only thing that I'm not sure about is what would happen when I come to remortgage next year. I know what it says on the website, that it'll get referred for validation, but I just wanted to know if anyone had gone through this process and did it cause a lot of problems?

Many thanks in advance.
LM

Debt_Free_Chick

If you might be persuaded that there's not too much to worry about, you might want to listen to the podcast of today's Money Box Live on the Radio 4 website.

This was the panel of "experts" taking calls from concerned people.

Ed Mayo, chief executive, National Consumer Council

Jill Stevens, director of consumer affairs, Experian

Roland Perry, founder, E-Victims.org

Sandra Quinn, director of corporate communications at APACS

Well worth a listen.

But to your question - sorry. No experience of this. I guess it depends on how clued up the lender is ... particular their "call centre operatives" :eek:

Little_Mama

Thanks Debt-free-chick,

I'll go and have a listen to that (once I've some peace & quiet from the small people).

Yes it is the thought of someone not quite understanding that I'm protecting myself that worries me. Seeing as I've a couple of things like a car & a remortgage on the horizon in the next 12 or so months.

LM

jaxxy00

Sorry, cant help with your questions but will watch this thread with interest as i have been thinking the same myself.

I think given what has happened that the government should consider paying for people, if they so wish, to be covered by the CIFAS protection.

Debt_Free_Chick

It was a very calm, balanced programme from people who probably know exactly how a fraudster steals an identity and exactly how much or how little these CDs would be to them.

Far more informed that the tabloid hysteria we've all be infected with over the past week ... which is really getting rather tiresome



Good luck - and remember, there's no such thing as a bad decision, provided you've done the research, understand the pros & cons and arrived at your own informed decision

Little_Mama

Still haven't had a chance to listen to it yet....I think after the kiddies bedtime would be most sensible but another thing that concerns me is when I do some of the competitions that are posted on MSE.

I rarely now do ones where DOB is requested as it dawned on me that they have rather a lot of info about me.

Should I just stop taking the paranoid pills and chill with a nice glass of wine?

LM

Debt_Free_Chick

Well, any excuse for a glass of wine. Afterall, the sun is over the yard-arm

I tend to think of it like this .... look at the papers you have to supply, simply to open a bank account, let alone get credit!

You have to prove your ID - so must supply a document like a passport, driving licence, birth certificate etc.

And you have to prove you live at the address you claim to - again, you have to supply evidence.

Simply knowing someone's address (which can get from the phone book or the electoral roll at the local council office) and knowing their bank account number and sort code (which has been in the possession of everyone to whom you've ever sent a cheque or asked for a payment to be made to your account) doesn't seem to be enough, to me



Have that glass of wine now

Little_Mama

Thanks Debt Free Chick,

I'll do just that :beer: .

And, as per the Chancellor, I'll 'be vigilant'.

geordie_joe

Debt_Free_Chick wrote: »

Simply knowing someone's address (which can get from the phone book or the electoral roll at the local council office) and knowing their bank account number and sort code (which has been in the possession of everyone to whom you've ever sent a cheque or asked for a payment to be made to your account) doesn't seem to be enough, to me

That's very true. I've heard of people changing their pin numbers on their cards and passwords on their online accounts because of this, why you don't supply that information so it won't be on the discs.

I doubt there is anything on the discs that will cause a problem. I also thing they should come clean and tell people what the database contained.