Credit Reference Agency Requirements
Credit Reference Agency Requirements. REquirements other than data protection, governing what a credit reference agency can or cannot do.
Issues and Challenges
Example might include legislation about whether a consumer can be given a bad rating for no good reason; must presumably be some audit requirements about how ratings are arrived at (llogically - no one knows of this; may be addressed simply by the indivbidual's right to see what's said. Additional right (not in DP): The right to have something struck from the record of the individual. - see sub term here (Right Or Credit Record Correction). Question: are there additional regulations, rights around not being badly assessed, or is the right of correction (and the access to knowledge) all that there is? May also be rights under common law about the information provided to the agencies.
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