Covid 19 Status

In line with HM Government requirements to fight the spread of Covid-19 we have measures in place to ensure that we protect our staff, their families and the wider community, but also to ensure that there is minimal disruption to our customers.

Your access to online Multi Agency Credit Reports, Expert Help and Account Management remains unaffected. We take great pride in the support that we provide to our customers and throughout this period will do all we can to minimise the impact on our services. While the country remains in lockdown we will continue to support your queries via a dedicated and experienced team that will be securely working from home, and supported by a Management Team that will continue to be based at our head office and who will be able to provide customer support as required.

The security measures that we have in place to protect your Personal Data, in line with our Privacy Policy, will mean that some elements of our personalised support are affected during this period as our support team will be working with anonymised data when working remotely. Freephone access to our Credit Analysts has been removed during this period while we focus our efforts on continuing to reply to all of your emails and secure messages within one working day.

Thanks for your understanding, and we hope to have full customer support available as soon as possible and wish you well during these challenging times.

CREDIT REPORT SERVICES AND ONLINE EXPERT HELP ARE FULLY OPERATIONAL - PHONE LINES ARE CLOSEDCOVID-19 STATUS

ONLINE SERVICES FULLY OPERATIONAL
PHONE LINES ARE CLOSEDCOVID-19 STATUS

The Advantages of a Multi-Agency Credit Report

Posted by Paul Anderson Riley in Credit Reports on 14 February 2020 - Paul is a Credit Analyst at checkmyfile

These days your Credit Report can be checked for any number of reasons throughout the year, including background checks during job applications, landlord checks and even from insurance or utility providers when you shop around for quotes.

That means even if you’ve not applied for any form of finance, there’s a good chance that you’ve undergone a credit check at least once in the last couple of years. If you have applied for credit or are about to, the information on your Credit Report becomes even more important.

Because there are four Credit Reference Agencies (CRAs) in the UK that each provide your Credit Report information to lenders, landlords, employers and other organisations independently, you can’t be certain that the information held by each is correct until you’ve checked for yourself.

This is where checkmyfile’s Multi Agency Credit Report comes in: it lets you see what’s being reported by all CRAs in one place and the same format, saving you the trouble of checking each individually and interpreting the different information for yourself.

You’ll be able to see:

  • Full Credit History and public data from Equifax, Experian and TransUnion and public data from Crediva
  • All your information as reported by each CRA in one place
  • Who has searched your Credit Report in the last two years
  • Public information including Electoral Roll listing and Court Records
  • You’ll also be able to get support and helpful insights from our professionally qualified, UK based Credit Analysts online, by phone or by email.

You can try checkmyfile free for 30 days, then for just £14.99 a month after, which you can cancel online at any time.

Why is it so important to see a Credit Report from multiple sources?

One of the most important (but often forgotten) reasons to check your Credit Report from more than one source is that when lenders perform a credit check, they will often gather your information from more than one CRA.

If you’re applying for a mortgage (where the checks are significantly more thorough than most other forms of credit) it’s essential to know what the lender will see ahead of time and the only way to guarantee this is by checking what’s being reported by each of the UK’s Credit Reference Agencies.

That way, it won’t matter which CRA is used to carry out a credit check, and your bases are covered regardless of which is searched – if there is information there to see, you’ll have seen it yourself.

Isn’t the information held about me by each CRA the same?

Not necessarily. Even though each CRA reports your public data and most report how you’ve managed past credit agreements, it’s entirely possible that each one will hold slightly different data. Lenders don’t always report your payment history to each, and instead are more likely to report just to the CRA (or CRAs) that they use for credit checks.

Even public data, such as Electoral Roll address formats can sometimes be loaded in different ways at different CRAs, which can lead to lenders having trouble retrieving your Credit Report, so seeing all of your information in one place will let you easily spot and change any errors.

If you haven’t already, you can try checkmyfile free for 30 days, then for just £14.99 a month afterwards, which you can cancel online, by phone or by email. You’ll get full access to the UK’s only Multi Agency Credit Report, letting you see everything in one place. You’ll also benefit from our professional Credit Analysts, should you need any guidance. Sign-up is quick and cancellation is easy.

Updated on 14/02/2020 by Sam Griffin

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Separating your Credit Report from an ex-partner or spouse is easier than most people initially think. You might be wondering exactly how another person ends up recorded on your Credit Report, whether they are damaging your Credit Score, and if there’s anything you can do to remove them.

Published on 8 Apr 2020 by Sam Griffin

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How Your Phone Contract Affects Your Credit Report

Some people only really consider their Credit Report and the information it contains when they’re about to apply for a traditional form of borrowing, such as a credit card, loan or mortgage. That's why for some it can come as a bit of a surprise to learn that many of the same checks are involved when attempting to take out a mobile phone contract.

Published on 6 Apr 2020 by Tom Magor

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Guide to Financial Associations

It's not uncommon for someone checking their Credit Report for the first time to notice information that’s out of date or simply inaccurate – but by far one of the most frequent offenders for this is the record of a Financial Association.

Published on 24 Mar 2020 by Sam Griffin

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Can Right to Erasure Get Rid of Bad Credit History?

General Data Protection Regulation (GDPR) was introduced on 25 May 2018 and, unless you’ve managed to avoid the internet and checking your emails completely since then, you’re likely to have been bombarded with messages from nervous sounding websites updating their privacy policies.

Published on 5 Mar 2020 by Jamie Mackenzie Smith

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Will checking my credit report affect my credit score

Does checking your Credit Report lower your Credit Score? This a question we’re regularly asked, especially as the importance of Credit Reports is becoming more widely understood. The question seems to be based on a simple idea: when someone else checks your Credit Report, it damages your Credit Score, so it must also be true when you check it yourself. Thankfully, this is far from the truth.

Published on 26 Feb 2020 by Kelly Luff

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How to remove Financial Associations

A Financial Association is another individual with whom you’ve had some financial connection – usually a spouse or partner or family member. Once a Financial Association has been created, it will remain on your Credit Report indefinitely, until you manually request to have it taken off.

Published on 24 Feb 2020 by Sam Griffin

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Other names on my Credit Report

Your Credit Report is a detailed record of your financial history – one that is central to all sorts of major life events, like applying for a mortgage, a new car, or even a job. Unexpectedly finding another person’s name on your Credit Report can therefore understandably cause a bit of a shock.

Published on 19 Feb 2020 by Sam Griffin

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Disputing a Late Payment or Arrears Marker on your Credit Report

Many of us have been there – we have too many things on our mind so we may have missed a payment on our credit card or loan. But what happens when you check your Credit Report and spot a late payment or case of arrears that you know aren’t correct? Where do you stand and what can you do to rectify the error?

Published on 7 Feb 2020 by Kirstie Brown

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Why do organisations share my personal data?

You may have seen recently that Lewisham and Greenwich NHS Trust has been sharing patient data with the Credit Reference Agency, Experian.

Published on 4 Feb 2020 by Sam Griffin

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Your Rights When Cancelling a New Credit Agreement

For most people applying for credit the main concern is whether or not they will actually get accepted. But occasionally a change in circumstances (or even just a little time to reflect on your purchase) means that a bigger concern might be whether you can change your mind and withdraw from a credit agreement (be it a credit card, personal loan or other credit facility) after it’s been granted, potentially preventing you from taking on additional financial responsibility that you no longer want or need.

Published on 3 Feb 2020 by Tom Magor

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