what are your rights?

What are your rights?

Your rights are dictated by the Consumer Credit Act (1974 and 2006) and the Data Protection Act (1998).

You have a right to the following

If you are declined credit as a result of information on your credit report, the lender should tell you so and provide you with the name and address of the credit reference agency it used.
You have a right to see a copy of your credit report, in plain English, from a credit reference agency after providing them with sufficient information together with a £2 statutory fee within seven working days. See Applying for your credit report.
You should be provided with all the information that a lender can see in your name.
You should be provided with a copy of your rights.
To have any information that is incorrect amended within 28 days and you should be provided with a copy of the amended entry.
To have an item of data that you dispute flagged as such.
To be disassociated from any individual with whom you no longer share a financial association.
To add a statement, called a Notice of Correction, to the information held by an agency.
Any amendment to the data held should be communicated to any organisation that has searched your report in the last six months within ten working days.