Languages
Pages
Legal
www.option-consommateurs.org
New services offered by credit agenciesThe issue of transparency
Introduction
Credit reports Credit scores Two questions:
What are the new services offered by credit agencies?
Are consumers sufficiently informed about these services?
www.option-consommateurs.org
What are the new services offered by credit
agencies?
Scoring multiplication Diversification of the uses for credit
reports Identity verification and fraud prevention Services to consumers Service automation
www.option-consommateurs.org
Are consumers sufficiently informed about these services?
Difficulty to obtain information The major financial institutions’ consent
clauses Management policies for personal
information (credit agencies and banks) Legal implications
www.option-consommateurs.org
Possible solutions
The need to better inform Canadian consumers
Change the law: 4.8.2 principle - openness
Changes in practices Simplify and explain
www.option-consommateurs.org
Other issues
Re-identification risk Inaccurate data in credit reports Freedom of contract and risk
management
www.option-consommateurs.org
Top Related