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Trying to locate a specfic thread: RE - OFT & ICO


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I note your comments and would advise you that the decision to retain financial information such as credit accounts and judgments for six years was agreed between the credit industry, the Office of Fair Trading and the Information Commissioner. Six years is considered a reasonable amount of time for data to be retained as it enables lenders to make responsible lending decisions when processing applications by having access to an individuals credit history over this period.

 

I remember reading on here once that someone contacted the OFT and the never took part in any decision relating to this.

Ive tried to locate the thread but not had much luck.

 

Im hoping someone may have read it recently and can remember where abouts it is!

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