Nat West doing monthly credit checks....

sharronej · 26 November 2011 at 10:35AM

Hi can anyone think why the Nat West would be doing monthly credit checks on my husband? (possibly myself except that I'm not registerd with equifax etc).

Each month I get an alert - his rating never changes but it's showing

New Information NATWEST BANK CURRENT ACCOUNTS Current Account XXXXXXXXXXXXXXX102S 0(Up to Date)

Previous Information NATWEST BANK CURRENT ACCOUNTS Current Account XXXXXXXXXXXXXXX102S U(NoPmtDue/Unclassified)

and then they delete them!

We have a current account which is always in credit and although I have a credit card with them my husband doesn't. Is this normal practice and what is it for? Getting my husband to phone them would be like pulling teeth so hopefully you can fill me in :rotfl:

withabix · 26 November 2011 at 10:49AM

This is just a record that Natwest have provided data to Equifax.

sharronej · 26 November 2011 at 4:42PM

Is it like a payment record then? Saying that the accounts are good this month? The HSBC don't do it.

prl100 · 26 November 2011 at 4:58PM

I have this on my credit report as well. But my Natwest account is usually in the overdraft, so I had just presumed that it was related to the overdraft spend.

happy_bunny_2 · 26 November 2011 at 8:29PM

not just an overdraft, but a current account.

I have no overdraft, but have the account payment history on there as you describe. If you go overdrawn with no overdraft, some banks will put a 1 payment late marker on there.