CM300x250
Lock_Lord_Web_tile_IAPP-300x250-animated
BLS_web_ad_300x250_V3B
Certification_CIPT_300x250final-01
DPI15_300x250_Banner_FINAL
AsiaPF15_300x250_Banner_FINAL

TransUnion of Canada will pay $5,000 in damages to a Calgary man whose loan application was turned down after another person's credit history was wrongly passed on to the bank, the Toronto Star reports. Mirza Nammo is the first plaintiff to be awarded damages for a breach of the federal privacy act. Federal Court Justice Russel Zinn found the payback was warranted because of repeated failures by the credit reporting agency to correct the "grossly inaccurate" information quickly and effectively, the report states. Zinn compared a credit check to a strip search, saying it can be "equally intrusive, embarrassing and humiliating."
Full Story

0 Comments

If you want to comment on this post, you need to login

Related