Terrace Bay Public Library Digital Collections

Terrace Bay News, 26 Jun 1974, p. 9

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

JUNE 26, 1974 TERRACE BAY NEWS PAGE 9 Your credit-rating is priceless. This is what Ontario is doing to help you protect it. MR OECPLE 3.D0E PERSONAL CREDIT FILE \---- Ontario has passed a new Consumer Reporting Act, one of the most im- portant pieces of consumer legis- lation in the province's history. It deals with the reporting, ex- change and gathering of both credit and personal information related to your life-style and character. It goes into effect July 2, 1974. After that date you'll have the right to know what is being reported about you and to whom. And if the infor- mation is inaccurate or incomplete, you'll have the opportunity to cor- rect it. This is particularly important be- cause, today, masses of information about your buying, credit and per- sonal habits are being collected, stored, and distributed by people you have never met. This information can influence where--or if--you will work, how much you can borrow, insurance you can obtain and whether you are acceptable as a tenant. So your gov- ernment here in Ontario has passed the Consumer Reporting Act to en- sure that you have access to your own file. The Act is designed to protect you, the consumer, as far as the law can do so. It guards your basic rights. It gives you a place to write for help if you run into problems. To find out the many ways the Act works to your advantage, send for a free Consumer Reporting Act brochure. Write to: Consumer Reporting Registrar Ontario 20 Queen's Park . Toronto, Ontario M4Y 1Y7 Ministry of Consumer and Commercial Relations John Clement, Minister \# Government of Ontario William Davis, Premier

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