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On 28 Nov 2007, at 13:13, Andy Smith wrote: > Hi, > > On Wed, Nov 28, 2007 at 12:40:54PM +0000, Clare Shepherd wrote: >>> I agree with Tom, it's not as if the credit giving companies are >>> making massive losses, and where they are (mortgage debacle) then >>> that's their own fault and a risk of trading. These bodies, banks, >>> insurance companies etc. all seem to think >>> we should pay for their mistakes. > > a) Experian et al are not credit giving companies > > b) Without Experian et al, the credit providers would simply pass on > the costs rather than absorbing the loss. > > so who is your beef really with? In your text above none of it is > attributable to credit scoring services, it's just a general rant so > I'm not clear how you can "agree with Tom" when the thread is > actually about credit scoring. > > No argument from me that there are some shocking practices in the > credit industry. Excessive government intervention in (what are > supposed to be) free markets also has its problems though.. it's > another topic. > > Cheers, > Andy > -- > Sorry, I deleted a clause, but didn't redo, I know Experian et al. don't give credit, but surely their sources are the credit giving companies, or have I misunderstood. I suppose my beef is with the fact that people's lives can be affected by their credit rating, when the rating is mistaken. I live in a house where the previous occupant skipped the country owing the Inland Revenue, their employer, a bank, and the DHSS. I was hassled for months and even had phone abuse from the previous occupants creditors when I stated I didn't know where they were. Sorry if the touchiness on the subject led to a rant, as you so accurately said. i suppose I was generally agreeing with the following statements: >> What I find disgusting is that these companies make money out of MY >> information >> > > ...that is publically available or that they pay for... > > >> and expect me to pay to have it checked. >> > > You would rather that you had no opportunity to correct mistakes made > by the companies that feed data to the credit clearing houses then? > > >> I shouldn't have to subsidise their attempt to save money and >> increase their profits. >> Sorry that I let my crossness get the better of my brain. Clare -- The Mailing List for the Devon & Cornwall LUG http://mailman.dclug.org.uk/listinfo/list FAQ: http://www.dcglug.org.uk/linux_adm/list-faq.html