Credit Reference Agencies - Who Really Uses Who?! UPDATE

stephane_2

Do you think they'll search experian as well?

never-in-doubt

stephane wrote: »

Do you think they'll search experian as well?

No - not so long as you are existing customer, no need to - they use behaviour score and equifax....

stephane_2

never-in-doubt wrote: »

No - not so long as you are existing customer, no need to - they use behaviour score and equifax....

I was under the impression that Barclays Bank & Barclaycard operated in some way separately when assessing application for credit card & current account? If not then that's great...

never-in-doubt

stephane wrote: »

I was under the impression that Barclays Bank & Barclaycard operated in some way separately when assessing application for credit card & current account? If not then that's great...

It used to be

Barclaycard = Equifax search
Barclays Bank = Experian search

That is no longer the case though - thus we're seeking exact clarity from those that do apply. I went for bank account a few months back and had a search on both files, but I believe that is cos I went for card at same time as bank account - i'm unsure to be honest...

You'll be fine mate cos you have barclaycards... :D

stephane_2

Thanks, will see what happens...should hear from them by the end of the week I would think, but because Experian is messing my file about because of format of address I do not always see my current searches, they are sometimes hidden & cannot see them myself...a pain..

heartsman

We should all go back to affordability,i.e you take your bank statements in to prove your income/outgoings when taking out credit,car house ect.

That system worked very well before the americanised bully boy x-file credit agencys came into force.

stephane_2

heartsman wrote: »

We should all go back to affordability,i.e you take your bank statements in to prove your income/outgoings when taking out credit,car house ect.

That system worked very well before the americanised bully boy x-file credit agencys came into force.

That is what they still do in France, there are no reference agencies, but credit cards are almost nil. Egg did try a few years ago but they had to close down as no one wanted them. When you go to the bank to request a loan, you have a real person deciding & not the system....it's not a perfect but it works.

BugsyBrowne

Dont talk so stupid do you know how many people apply for credit in this country everyday,well i dont but there are thousands,

stephane_2

star-fire wrote: »

Dont talk so stupid do you know how many people apply for credit in this country everyday,well i dont but there are thousands,

Are you talking to me??

PROLIANT

stephane wrote: »

Are you talking to me??

Robert De Niro in the 1976 movie Taxi Driver