Credit Reference Agencies
If you're an adult living in the UK , it's almost certain your name and details are held by a credit reference agency i.e. Experian Ltd , Equifax plc and Call credit plc . When you apply for a loan, lenders may ask one of these agencies for a copy of your credit report (also called your credit file), which will tell them:
- Public record information held about you, such as Electoral Roll details of current and previous address, any court judgments such as County Court Judgments (CCJ's) or defaults, in England and Wales, and Decrees in Scotland or records of bankruptcy against you.
- Credit account information - details of your current / paid off credit agreements (such as whether you're up to date with your payments) you have held in the past six years.
- Other credit checks several applications in a short space of time will effect your credit score as this gives the impression of someone is over-stretched, or possibly a victim of fraud.
The information on your credit report is very important and having a good credit history will improve your chances of getting credit. It's your legal right to see your and obtain your credit report and to correct anything in it that you can prove is wrong. To obtain your credit report please click the image below and follow the simple instructions.