Credit Cards and Experian

I realise that finance institutions have to ascertain if they are taking a risk when borrowing money etc. But when they take notice of items which are recorded at the Credit Reference Agencies (who I call Big Brother) which happened 5 years ago is OUTRAGEOUS!

How can your financial position be the same as it was five years ago? Everyone makes mistakes and in most cases, there is no negotiation, its just "Oooh Experian say that you had some arrears in 1996 so you MUST be a bad payer!!!!". These financial institutions are letting another company dictate their business practice.

Why can't each case be taken on its own merits? After all, most of us have had financial problems at one time or another unless we were born with the proverbial silver spoon!!! But these companies just are so blinked in their attitude it makes me fume.

It's An Outrage!!

It's time in this country that people who have had problems in the past were not treated like 2nd class citizens; after all, we've all heard of the Rehabilitation of Offenders Act! Just because you were late paying something in the past or had financial problems, does not mean you are a criminal!