BIPA Members and Federation of Small Business (FSB) work to improve communication between the CRAs and small businesses
BIPA Members met with the Federation of Small Business (FSB) to discuss ways to improve communication between the CRAs and the small business community.
The aim of this is to create greater awareness of the data held by CRAs on small businesses; how this data is used; how credit scores are created and how the use of this data within credit reports can help benefit small businesses through enhancing business decisions, the granting of trade credit and promoting responsible lending. BIPA also wants to help FSB members with any concerns with regard to their credit reports and explained how best to contact CRAs. BIPA will continue to engage with the FSB and hopes to be represented at a number of FSB events around the UK over the forthcoming year.
If you have any specific questions for BIPA concerning this or wish to comment further please contact BIPA