MBNA asks for bank account details on their application!

YorkshireBoy

PaulW922 wrote: »

Generally speaking other potential lenders cannot see your bank account details on your credit file

You'd be surprised at how much information is available to 'closed user groups'.

And if you don't want to give them to MBNA, you can always apply for a card from another lender.

Could you provide an example or two of card providers who don't carry out a secondary identity verification by asking for bank details during an online application for a credit card?

reclusive46

PaulW922 wrote: »

Generally speaking other potential lenders cannot see your bank account details on your credit file

Maybe it varies by lender who does the search but I know for sure that I used to be able to see at the very least the last 4 digits of the account and usually the full account number.

GingerBob_3

YorkshireBoy wrote: »

You'd be surprised at how much information is available to 'closed user groups'.Could you provide an example or two of card providers who don't carry out a secondary identity verification by asking for bank details during an online application for a credit card?

Can you give some examples of the types of information that these groups can see?

YorkshireBoy

GingerBob wrote: »

Can you give some examples of the types of information that these groups can see?

Information of the type they submit to the group. Google 'principles of reciprocity'.

GingerBob_3

YorkshireBoy wrote: »

Information of the type they submit to the group. Google 'principles of reciprocity'.

You seem to imply that these groups can access data that most people hadn't considered was available. I see no evidence of this. Essentially, they cannot identify the service providers of credit products. I know the way CRAs operate is problematic in general terms (e.g. no quality control, lax regulation, etc.) but can you elaborate on what you are saying?

boo_star

reclusive46 wrote: »

Your account number and sort code of most current accounts is mentioned on the credit report that the searcher sees.

It's not on mine.

Most of it is starred out.

nicholaswitchell

grumbler wrote: »

No, we aren't.
Our bank details are printed on all our cheques that we give to random people or companies.

That's as may be, but with the details printed on a cheque, I (or anyone else) could set up a direct debit to a charity of my choice, from that account.

Worth keeping your bank details as safe as possible, just in case.

boo_star

nicholaswitchell wrote: »

That's as may be, but with the details printed on a cheque, I (or anyone else) could set up a direct debit to a charity of my choice, from that account.

Worth keeping your bank details as safe as possible, just in case.

In case someone does a Clarkson?

reclusive46

boo_star wrote: »

It's not on mine.

Most of it is starred out.

Issuers see different data to what a consumer sees. For example, on an issuer search the company names are blanked out.

chrisw99

Some credit card applications ask for bank details to set up a direct debit for the minimum payment, especially if you are requesting a balance transfer at application time.