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Good work results from inspiration and not legislation

Posted by James Breen at 26 June 2008 22:34

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Posting on June 5, 2008 by onlinemortgagesuk The Office of Fair Trading (OFT) has warned consumers to be careful before responding to unsolicited mailings which advise them to cancel existing individual voluntary arrangements (IVAs) and which suggest they opt for an alternative debt management solution such as bankruptcy instead. Some such mailings sent out to consumers misleadingly suggest to recipients they may have been mis-sold the .. Read the rest of this entry.

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Progressive officials testified they only applied this model to new customers, not to renewing customers. This apparently meant that if you were initially covered by Progressive when you had a good credit rating, it would not hurt your renewal rate if your credit score went down. But if the opposite were true — you signed up when you had a bad credit rating but had since improved it — you were stuck at the less favorable rate, rated.


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