Do I give advisor my Experian passwords?

sjd069

Hi,

I am looking to move my very high Fixed rate mortgage away from NRAM with approx 85% LTV.......house gone down in value since we got it!!! Anyway, I went on compare the market who put me in touch with a financial advisor.........he told us to get our experian credit files and said he will need the passwords etc? This strikes me as a bit odd........why would he need these?

GMS

Print them out, scan and email them or save the report as a PDF and email it.

Passwords are there for a reason. Do not give them out.

luciano

This is strange request be careful

sjd069

Yeah, I thought it was odd, not sure why he wants them surely all he needs to know is our credit score and how much money we owe on loans/credit cards etc??

GMS

Never give passwords to anybody. A seemingly non threatening request for a non descript account seems innocent enough but many people use the same password for everything.

Not suggesting for one minute the adviser is up to something but it is a mad request. Worst comes to worst you could print the report and pop in the post. Absolutely no need to give passwords.

DVardysShadow

GMS wrote: »

Never give passwords to anybody. A seemingly non threatening request for a non descript account seems innocent enough but many people use the same password for everything.

Not suggesting for one minute the adviser is up to something but it is a mad request. Worst comes to worst you could print the report and pop in the post. Absolutely no need to give passwords.

I agree. But I think I would be telling the advisor that I was absolutely unhappy to give out a password and ask him how his need for information could be met. If he suggested printing out and posting, I would be happy with that. But if he didn't accept 'no' and continued to ask for the password, I would drop him without a moment's further hesitation.