Thursday, April 17, 2008

Child Support & Credit Ratings

Thanks to a poster on the Ondivorce forum for providing this link to an item on the New Law Journal website regarding the report ‘Child Maintenance and Other Payments Bill: Disclosure of information to credit reference agencies — exploratory analysis’

This paper examines the feasibility of sharing child maintenance payments with Credit Reference Agencies to provide additional incentives to non resident parents to meet their legal obligation. Firstly child maintenance compliance and compliance with financial products (such as bank loans or credit cards) is examined before looking in more detail at customers credit history when they have and do not have arrears registered.

It sounds a good idea but can the organisation replacing the Child Support Agency, C-MEC, be more efficient and well enough administered to target the right people?


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