What info does the statutory £2 experian report give you ?

Mr_Poves

Hi , as above I recently applied for mine ,
and reading through all the info everything seems correct and present.
However there is only information on my current credit accounts and payments to different companies etc.
There seem to be alot of insurance quotation searches
( I understand these are soft searches)
And there is also a credit search from vanquis bank dated last year , However I'm fairly certain I have had no dealings with them ??
Everything else is good , and no problems showing .
Is this all the info they have on me good and bad?
Or do they only give you partial information ?
I've done the noddle one and everything is ok there .
Thanks in advance .

Malmo

There are 3 consumer facing Credit Reference Agencies in the UK: Experian, Equifax and Callcredit (provider of the Noddle branded service). No single agency captures all your information as different lenders/services may report to 1, 2 or all 3 agencies, so you would need to access all 3 reports to gain a full picture of your profile.

As far as credit accounts, searches and public registers are concerned, what you see is what they have on you, although for fraud purposes, there is a separate database called National Hunter that may hold information on you if you are suspected of fraudulent activity.

There is another thread (click here) that is very useful for understanding which agencies various lenders/services search and report to.

fermi

Mr_Poves wrote: »

Is this all the info they have on me good and bad?
Or do they only give you partial information ?
I've done the noddle one and everything is ok there .
Thanks in advance .

If you gave full address details for the past 6 years plus a little bit more, then yes it should in theory have linked in all the data they hold.

In practice some things can slip through the net if address details are slightly mismatched, but mostly not.

Mr_Poves

Ok , thanks for that , just wanted to make sure .

wonerme

The average person can't understand them anyway. It's just a con. by financial institutions to get money from you.

MisterBaxter

wonerme wrote: »

The average person can't understand them anyway. It's just a con. by financial institutions to get money from you.

The Statutory Reports are fairly straightforward and easy to understand and at £2 a time aren't exactly expensive although I've often thought that they should be free at least once a year; after all the CRA makes money of selling on that information to others.

The subscription based reports are a waste of money as they don't really show you any more than the statutory report.