this post was submitted on 31 Jul 2023
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There have been a number of attempts in Canada to sue credit agencies for libel. None have succeeded so far, largely because the cases have been a bit murky.
This one seems really clear cut though. I really wish this person would try to sue for libel. A successful precedent could end up drastically changing the way credit scores work in Canada. The credit agencies might suddenly find themselves having to be accountable for their sketchy practices. Imagine that!