MSE News: Consumers to get free credit reports from Callcredit

chexum

I registered in the morning, and received an email just this hour confirming it.

Moneysupermarket's smart search seem to have ties with Callcredit, and it provided a nice way of checking your overall (rough) credit status. Perhaps they are those partners. Even if from the least used CRA, free access to full credit files is not something I would ignore...

fermi

Yep. Just got that...

Hi,

Thank you for your interest in Noddle and for registering your e-mail details.

We will contact you as soon as we can welcome you into Noddle.

Noddle gives you access to your free credit report for life and helps you to put it to good use to. We will search the market to find you the best credit cards and loans available to you based on your credit rating, giving you a short, relevant list of products to choose from tailored to you and your needs, and a clear view of the likelihood of being accepted. And, what’s more, we will give you access to a great range of money savings vouchers and offers that you can personalise to suit you.

If you’ve any questions or need any further information in the meanwhile just email us at [EMAIL="register@noddle.co.uk"]register@noddle.co.uk[/EMAIL] and we’ll get back to you as soon as possible.

Kind regards

Vicci

The Noddle Team

far

Don't forget about Annual Credit Report who also issue free annual credit reports using the Callcredit agency already....

chanz4

I did it this morning, I think they will launch in september

Consumerist

chexum wrote: »

I registered in the morning, and received an email just this hour confirming it.
. . . Even if from the least used CRA, free access to full credit files is not something I would ignore...

Got my confirmation email too. Hopefully, other CRAs will be encouraged to follow suit or buckle under political pressure if this proves popular.

jamesd

Annual Credit Report does now charge a once only setup fee of £5 though. For anyone who needs a report before September that makes the £2 to get a statutory credit report from Call Credit a better buy. Still free for those who signed up before the signup fee was introduced.

fermi

Looks like next week before they start the service for those who have pre-registered.

http://twitter.com/#!/useyournoddle/status/81464671655313408

we are registering people now. Have you signed up? We will start opening doors from next week, in stages

katsu

I've just pre-registered, no email just the message on the site when you hit submit.

Norman_Clinker

Callcredit may be slightly smaller in terms of turnover than Equifax, (but catching fast and may be higher by the end of the year, or so I'm told!) but the financial data they hold is the same as both Experian and Equifax. The key is that they don't have the same search footprints from lenders as those guys.

So... if you want to see the current state of your credit file Noddle is the way to go - because it will be the same for all the agencies (except in some extreme cases, in which case any one agency may be more accurate than the other two).

But, if you want to see who is searching your credit file, stick with the others - most especially Experian, which has about 70% of the search footprint market.

jamesd

Call Credit, via AnnualCreditReport, has only a small percentage of my credit accounts reported on it: one current account and one mobile phone. Not the other two current accounts, none of the credit cards and not a loan, nor the mortgage. That's pretty normal.

This makes Call Credit a pretty poor choice if you really want to see the current state of your credit file, in part because of the lack of financial data and in part because it's seldom used by lenders. It is good for checking that things like electoral roll presence are being accurately reported to CRAs and to check for things like bogus public records entries such as CCJs.

If you want a really good picture you'll need to use a place like Experian or Equifax, not Call Credit. If you're one of those where Call Credit happens to hold a lot of data about you then you might get away with just using Call Credit. Certainly a good deal if you can get away with just Call Credit.

Update: Call Credit via Noddle showed all the accounts it should have shown for me, missing only a couple of old accounts where I hadn't originally given consent, which were present on one of the other reports.