This is a Finland news story, published by Yle News, that relates primarily to Data Protection Ombudsman news.
For more Finland news, you can click here:
more Finland newsFor more banking & finance news, you can click here:
more banking & finance newsFor more news from Yle News, you can click here:
more news from Yle NewsOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
credit register. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest positive credit register news, consumer loan news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Consumer lendersYle News
•87% Informative
Lenders' access to people's data is too broad, according to Finland 's Data Protection Ombudsman .
The positive credit register was opened in April to help lenders check the creditworthiness of loan applicants.
The register includes information on consumer credit, housing loans, student loans and credit card balances.
But some lenders' information about their customers has been erroneous.
A working group at the justice ministry is working on legislation to automatically include shareholder-specific debt information regarding housing association loans in the register.
This is because that kind of debt is an important part of assessing a consumer's creditworthiness.
Housing-related debt accounts for a large part of a household's overall finances.
VR Score
89
Informative language
89
Neutral language
76
Article tone
semi-formal
Language
English
Language complexity
69
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
2
Affiliate links
no affiliate links