What will a lender see when checking your credit file?By accessing your credit file, a lender will receive your credit score which can range from 0 (very poor) to 999 (the best possible score). Whatever your score is, it will act as an indicator as to how responsible you are with your money. They may accept or reject you on the basis of the number displayed to them.
When checking your file, they will receive the following information about you:
- Your full name
- Your date of birth
- Electoral roll information in order to confirm your current and previous addresses
- Any loans, mortgage and credit card account which are open, their start date and the amount you can borrow from each. Accounts which have been closed in the last six years will be listed as well. After this period, these closed accounts will disappear.
- Current account overdraft
- Any previous application searches and search footprints
- Open joint accounts with other people (e.g a spouse)
- Missed repayments and the amount of times this has occurred
- Your history of debt, including information on bankruptcy and CCJs.
- If your identity has ever been stolen or if you have ever been a victim of fraud