Banks still refusing credit cards, watchdog says
Summary
Islanders in Jersey are still having trouble getting credit cards even after changes were made to share personal data with UK credit agencies. The Jersey Consumer Council says some banks continue to refuse applications, while the government says offering credit cards in Jersey is up to the companies.Key Facts
- New rules started on July 30 that allow Jersey to share personal data securely with UK credit reference agencies.
- This data sharing was meant to help islanders get credit cards more easily.
- Despite these changes, some credit card providers are still denying applications from islanders.
- The Jersey Consumer Council wants the government to officially inform banks about the new data sharing rules.
- The government says it has worked with credit card providers during the process.
- Offering credit cards in Jersey is a business decision made by the companies, not the government.
- Carl Walker from the Jersey Consumer Council says credit card companies might avoid Jersey because of past difficulties.
- The government plans to keep talking with providers to encourage them to offer credit cards on the island.
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