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Definition of 'Share'

In credit terms, Callcredit’s combined database of the payment history of individuals provided monthly by around 200 lenders to its data sharing club. This information is shared with your consent, which you normally give when you apply for credit. It is used primarily for the assessment of credit applications, in particular to help prevent over-indebtedness, for the prevention and detection of fraud and for the tracing of gone aways.

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