credit check ??

janey70

looking for a bit of advice about a credit check from a estate agent that my daughter wants to let a flat off .. they have asked us for £150 to do a credit check but daughter is worried that she will fail as she got a sim card only deal for a friend in her name and her so called friend has not paid a bill and now they have been writing to my daughter wanting £80 but the friend reckon she has paid them but what we want to no is will this effect the credit check the agents do because if she fails then we obviously dont get the money back she has had no other bad credit as only 20 yrs old be grateful for any advice .

MrsTUS

£150 for the priviledge of checking your credit file? I've rented 3 properties from estate agents and never paid a penny towards a credit check! Eeek! If it were me, I'd tell them I'll pay £2 for a copy of my credit file and they can make a decision based on that haha. £150 my a*se!

bottleofred

Hi Janey,

If your daughter does have a debt listed in her name, then she may well have something bad on her credit file. She should check as you can get a report mailed to you for £2 or can get free reports from experian, equifax and call credit. Experian and Equifax definitely provide a free report if you sign up to the online service. You need to give them a credit/debit card number to register, but the minute you print off the reports, you should contact them and cancel to avoid the monthly subscription charge. I'd be concerned why they want £150 to carry out a credit check though! Agree with above poster, they are taking the proverbial! I'd go elsewhere and wouldn't pay for the privilege of a credit check for a rented flat etc.

Good luck

Red

janey70

its from martin and co in nottingham dont think they will do that seems to be all letting agents charge you here every one we have spoke to do?

bottleofred

janey70 wrote: »

its from martin and co in nottingham dont think they will do that seems to be all letting agents charge you here every one we have spoke to do?

Surely not £150 for a credit check:eek: I'd establish how much the others charge, but it seems extortionate to me:eek:

janey70

Dont have much choice about flat as only one we have found that she can afford ive been reading little bits online about they only look for ccjs or bankruptcy??

MrsTUS

janey70 wrote: »

its from martin and co in nottingham dont think they will do that seems to be all letting agents charge you here every one we have spoke to do?

I would want a break down of exactly what the £150 covers and a justification for the price before I handed over cash of that amount - especially when you think how much they'll be charging in agency fees on top of an admin fee + bond + months rent upfront. Seriously, I would go somewhere else. If credit card companies and even yourself can check your credit report from free up to the grand sum of a £14.99 monthly subscription, I;d be damned if I were going to pay £150 for about 3 minutes of somebodies working day. I almost feel nauseated...

janey70

i think this includes there fees as i know she said was a deposit and a months rent in advance . as i said only flat she has seen and she doesnt have much time as she needs somewhere to live and property is up to let by this company ? so ?

bottleofred

I wouldn't be happy with the fees, but only you and your daughter can decide what to do for the best.

janey70

not happy with fees but all charging a good whack i no its bad but they can get away with it . just this mobile thing that im worried about apart from that she should have good credit she works as well and they only want working people in the flat

happy_bunny_2

How long overdue is the bill? Things take a little while to make it to a credit report, and even then, if its late it will probably show as 1 month late. I think rental credit checks only look for CCJs etc, I think they get employment references and bank references for the day to day stuff.