The idea
Credit reference agencies should provide individuals personal data they hold on demand and without charge. Credit reference agencies laread make huge sums of money from charging us to access our own data and selling it on to other credit suppliers.
Credit reference agencies should also be forced to investigate any requests made by individuals about possible errors on their file, during any dispute period the disputed entries should be removed until the resolved.
Why is it important?
This is important because these organisations hold vast amounts of very personal information about us and have very light touch regulation.