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

 

PARLIAMENT TODAY:

Transport Report: LGNZ Calls For Proactive Approach To Mobilise Regions

LGNZ has today released Mobilising the Regions, its major transport study, which highlights the economic and social impact of strategic transport decisions nationally and in the regions, and the direct link between regional development, national prosperity, social well-being and cohesiveness. More>>

ALSO:

Transport: New Rules Bring Double-Deckers To Our Cities

New rules that allow buses, including double-deckers, to carry more people will ramp up the public transport offering in our cities, Transport Minister Simon Bridges and Associate Transport Minister Craig Foss say. More>>

ALSO:

Cycling:


Images & Video: Four Alternative Flags For Referendum

Flag Consideration Panel chair, Professor John Burrows, said the Panel’s decision had been guided first and foremost by the results of its engagement programme across a range of communities where thousands of Kiwis shared what was special about New Zealand, as well as the Panel’s own selection criteria. More>>

ALSO:

Labour: New Figures Show Speculators Rampant

New figures released by the Reserve Bank show there’s been an explosion in mortgage lending with most of the growth going to property investors, Labour’s Housing spokesperson Phil Twyford says. More>>

ALSO:

False Official Information Response: English's Apology Accepted

Finance Minister Bill English is being thanked for his apology to New Zealand First Leader and Member of Parliament for Northland Rt Hon Winston Peters... Mr English says his staff and the Treasury have searched again, and they found the document that they denied having. More>>

ALSO:

Midwives On Pay Equity: Historic Bill Of Rights Case For High Court

“We have been left with no choice.” That from Karen Guilliland, the Chief Executive of the New Zealand College of Midwives, as the organisation prepares to file a pay parity discrimination case on the basis of gender under the NZ Bill of Rights Act in the High Court. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news