One simple question that nobody will answer!
Here goes!
Is it necessary to have someone's signature before a credit agency releases their credit information?
Easy right? Try find the answer! They claim that all that's required is 'permission' which puts a verbal OK as acceptable. But what happens when that runs rampant? As Canadians credit tanks they reach out to loan agencies that are running their credit repeatedly and driving down their already damaged credit scores!
Customers aren't being told of the damage or the risk of repeated credit checks on their file and companies like Equifax keep collecting $8 a hit! There's a far bigger mess here than anyone has realized!