Despite recent changes allowing the secure sharing of personal data with UK credit reference agencies, Jersey residents are still encountering difficulties in obtaining credit cards. The Jersey Consumer Council has reported that several providers continue to deny applications, urging the government to enhance collaboration with banks and businesses.
The government maintains that the decision to offer credit products remains a commercial one for providers. The Consumer Council suggests that credit card companies may need reassurance about the new data-sharing capabilities to reconsider their stance on the Jersey market.