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

Pros and cons of going paperless

Posted by Kevin Pearce in Personal Finance on 7 December 2018 - Kevin is a Senior Credit Analyst at checkmyfile

Whether you are environmentally motivated or simply to get a discount for moving your billing online, you might find it makes sense to abandon paper for your business, if you haven’t already.

As technology gets more advanced and more prevalent in day-to-day life, you would expect paper use would gradually get phased out, or at least reduced dramatically. But instead, paper usage has increased heavily over the last 20 years According to Keely Travis Business Solutions, with 208 million tonnes of paper produced worldwide each year, up from just 92 million tonnes in 1997.

So how can we reduce our overall environmental impact by changing our office habits?

What does paperless mean?

As the name implies, paperless refers to removing paper usage from a business where possible. Usually this is motivated by a desire to be more environmentally-friendly.

Paper usage itself is not inherently bad for the environment, at least not when compared to other materials, such as plastics, which is why recently there’s been a trend towards replacing plastic straws with paper versions. However, the process of recycling, disposing of used paper or creating it fresh leaves quite the carbon footprint, making it the fourth largest contributor to greenhouse gasses in the world.

For that reason, a number of businesses have chosen to go ‘paperless’ in recent years, taking their product or correspondence available online wherever possible.

Pros of going paperless

As you might expect, there are plenty of good reasons to consider cutting back on the amount of paper you or your business uses.

Environmentally friendly

The biggest and most obvious benefit of removing waste paper from the workplace is to lessen the impact to the environment. Although most newly-made paper is uses renewable energy to do so, and recycling paper reduces the number of toxic chemicals that are released into the environment, reducing our usage of paper lessens the impact dramatically.

Paper, postage and printing costs

A huge amount of money can be saved for the companies that make the switch to paperless. Even though bulk email services will charge, the cost pales in comparison to the expense of buying paper and paying postage.

Increasing consumer demand for things to happen immediately (or as close as possible) has meant many would rather hear from companies by email than through traditional snail mail.

That also means things won't get lost in the post, but you might have to check your email’s junk folder from time to time.

Less clutter

Bills and paperwork soon accumulate, and it’s not long before physical copies start to take up a lot of physical space. Not too long ago an archive of filing cabinets would have been needed to do the same thing that computers connected to a network can.

You might find that if you can’t go fully paperless that even by cutting down on paper usage you can free up a lot of extra space.

Speed up applications

These days you can apply for credit online, send off any verification or security documents and even sign most credit agreements online. NatWest even offer a ‘paperless’ mortgage, which takes the whole process online, which means you won’t get snowed under with physical paperwork.

Cons of going paperless

We’re not going to pretend it’s a perfect world in a land without paper, and inevitably as technology expands its reach there are going to be some hiccups along the way.

Security

The rise of interconnected technology has made it that bit easier to steal information, even with security measures as advanced as they are today. Keeping this data as a physical copy makes this harder to illegally obtain because short of physically breaking in to a building, you’re unlikely to get access to this kind of customer data.

Environment

Although ultimately the environmental impact of going paperless is less than the impact of creating, pulping and recycling paper, computers and servers aren’t exactly carbon neutral either, since they all require electricity, which is typically produced by non-environmentally friendly methods.

Easier to forget bills

Unless you receive several reminders and check your emails regularly, you may not keep on top of important bills. It’s harder to ignore a bill when you’ve stuck it to your fridge or left it under your car keys.

In most cases however, if a business thinks that you owe them money, they are likely to be persistent no matter how you ask them to contact you, so they can be hard to miss.

What do we know about going paperless? Well, we launched the UK’s first online Credit Report almost 20 years ago. With 20 million Credit Scores generated in that time, you can just imagine how many trees have been spared.

Updated 07/12/2018 by Jamie Mackenzie Smith

Default Notices could be sent to consumers, even where a payment holiday is in place

Consumers across the UK could be set to receive intimidating ‘Default Notices’ in the post, even though they have opted to take an FCA and lender approved payment holiday.

Published on 11 Jun 2020 by Richard Catlin

Full Article

Why a good Credit Rating is a bit like a VIP theme park pass

Getting approved for a new credit card or loan could be about to get more difficult, as lenders tighten their belts in response to the coronavirus pandemic.

Published on 20 May 2020 by Richard Catlin

Full Article

Virtual House Viewings for the self isolating home hunter

Virtual house viewings are soaring in popularity among house buyers as the UK government brings in tough measures to curb the spread of Covid-19. Among these changes is a shift towards reducing the size and number of social gatherings and a requirement for people to only leave their homes if absolutely necessary. Entire industries are entangled in the coronavirus’ grasp and these protective measures, while rightly designed to diminish the impact and spread of the virus, will inevitably have a knock-on effect that goes way beyond socialising.

Published on 14 Apr 2020 by Sam Griffin

Full Article

Can you still get a credit card during coronavirus?

Credit cards are increasingly in demand as the coronavirus pandemic develops across the world. Since the start of March, UK Googlers have been searching for ‘credit’ at rapid rate and it’s no surprise why. Workers across the country are finding their employment and income uncertain amid the financial challenges posed by Covid-19. Many will inevitably lean on credit and financing for a little more purchasing power during this period of uncertainty.

Published on 7 Apr 2020 by Sam Griffin

Full Article

Statutory Sick Pay: What you can get

Recent health concerns in the UK are starting to worry workers – and that’s putting it mildly. Pandemics and tumbling stock prices are rarely good for business and, where businesses struggle, often so to do the personal finances of workers. But what happens if you fall ill in the middle of all this?

Published on 19 Mar 2020 by Sam Griffin

Full Article

Lloyds and Nationwide to offer coronavirus mortgage payment holidays

Lloyds Banking Group – which includes Bank of Scotland and Halifax – is just one lending organisation that’s offering to help ease financial pressure on customers impacted by the recent coronavirus (Covid-19). Mortgage payment holidays are the most talked about measure, but there’s a host of other measures for renters and credit card customers too. Worries over debt repayments are understandably widespread, as the virus continues to damage not just the health of workers across the UK but businesses and share prices overall.

Published on 19 Mar 2020 by Sam Griffin

Full Article

Everything you need to know about buy now pay later

One of the latest trends in retail is the growing popularity of buy now, pay later schemes. The premise of buy now, pay later is exactly as it sounds, allowing shoppers to delay and stagger payment for a product that they can take home immediately.

Published on 2 Mar 2020 by Andrew Brown

Full Article

Child maintenance court records to show on your credit report

Since March 2015, The Child Maintenance Service (CMS) has been sharing information with the UK’s Credit Reference Agencies. This means missed Child Maintenance payments can be flagged up on a late payer’s Credit Report, potentially harming their Credit Rating and making a successful credit application – whether a mortgage, credit card, or loan to name a few – even more tricky.

Published on 20 Jan 2020 by Kirstie Brown

Full Article

How Far Back Can I get my Credit History?

For your recent payment history information, your Credit Report has everything you need; that’s why it’s given so much importance by lenders whenever you apply for credit. But if you’re looking for information that’s six years old or more, it’s probably not be the best place to start.

Published on 10 Jan 2020 by Jamie Mackenzie Smith

Full Article

Blue Monday: The Most Wonderful Time of the Year

Once Christmas is done and dusted, tree packed away or sent for shredding, and decorations retired for another year, a powerful mindset seems to swiftly grip the UK, leaving everyone convinced that January is the worst time of the year. The Christmas spirit has floated out the window as quickly as it arrived, and we’re left with cold, rainy days and the inevitable mountain of credit card bills.

Published on 2 Jan 2020 by Sam Griffin

Full Article
keyboard_arrow_left

keyboard_arrow_right

We are rated number 1 for customer service on