Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Credit agency must stop rorting system

Carol

BEAUMONT

Consumer Rights Spokesperson
25 March 2014 MEDIA STATEMENT

Credit agency must stop rorting system

Labour is backing calls for credit reporting agencies to stop charging extortionate fees.

“Privacy Commissioner John Edwards’ report into Veda Advantage’s urgent request charges confirms what most Kiwis already know – that these agencies are ripping people off,” Labour’s Consumer Rights spokesperson Carol Beaumont says.

“A Labour-led Government would demand these companies stop rorting the system.

“Companies like Veda are obliged to provide free access as soon as is reasonably practicable.

“While the law also allows them to charge a ‘nominal’ fee for an urgent request, that doesn’t give them carte blanche to charge what they like.

“It is good to see the Privacy Commissioner holding Veda to account and acting on behalf of consumers, many of whom will be in a vulnerable position.

“Widening the investigation to cover all credit reporting agencies is the next logical step, along with amending the industry code of practice to clarify issues around urgent requests.

“As the Commissioner notes it is within people’s rights to ask for their money back. Anyone who has paid Veda’s fee should do so, and follow up with a complaint,” Carol Beaumont said.

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On Bank Scandals (And Air Crashes)

Last month, the Australian Securities and Investment Commission (ASIC) filed proceedings against Westpac over activities that have some distinct echoes of the Libor scandal. More>>

Budget: Health Funding Must Keep Up With Need

NZNO: “The nursing team has been doing more with less for years. It’s getting to the point that we’re really worried about our colleagues, our patients, our jobs and the level of health care available for people in our country." More>>

ALSO:

Emissions Inventory: Time For The Government To Do The Right Thing

It’s time for the National Government to step up and do the right thing to reduce climate pollution as data shows New Zealand’s greenhouse gas emissions are higher than ever, the Green Party said today. More>>

ALSO:

Budget 2016: More Partnership Schools To Open

Seven new schools will join the eight Partnership Schools already open, along with further new schools opening in 2017. “The growth of this policy is a reflection of the high level of interest from educators and community leaders,” Mr Seymour says. More>>

ALSO:

No Correspondence With English: Did Brownlee Make Up Sale Of Navy Ships ‘On The Hoof?’

Having revealed that several Royal New Zealand Navy vessels have not left port in years, New Zealand First is now asking the Minister of Defence to prove he did not come up with the idea of selling HMNZS Taupo and Pukaki until the media asked him. More>>

Housing Plans: Labour- Abolish Auckland Urban Boundary
The Government should rule out any possibility of an urban growth boundary in Auckland Council’s Unitary Plan if it is serious about fixing the housing crisis. More>>
Greens - State House Solution
The Homes Not Cars policy allows Housing New Zealand to retain its dividend and, in addition, would refund its tax, to spend on the emergency building of around 450 new state houses. More>>

ALSO:

Houses And Taxes: Post-Cabinet, Pre-Budget Press Conference

The Prime Minister said that the pre-budget announcements showed that his Government is “investing in a growing economy”. He re-affirmed the National Government’s commitment to lowering personal tax rates but that any such change must fit with the fiscal reality of the time. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news