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Halifax decision in principle
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Avicov
Posts: 36 Forumite
Hi guys,
What is the actual credit check on the DIP?
Does Halifax just check a credit score and that's it. Do they not do a full credit check of your loans, credit cards etc? It's a soft search according to their site.
Does that basically mean they don't actually do any credit checks at this stage other than getting a credit score?
I have read the DIP is worthless as it's based on only the info you give them.
Cheers!
What is the actual credit check on the DIP?
Does Halifax just check a credit score and that's it. Do they not do a full credit check of your loans, credit cards etc? It's a soft search according to their site.
Does that basically mean they don't actually do any credit checks at this stage other than getting a credit score?
I have read the DIP is worthless as it's based on only the info you give them.
Cheers!
0
Comments
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They credit check the applicant(s) at the last 3 years addresses. Potentially any credit file issues at addresses after the last 3 years will not be caught at this stage and will be caught at full application when a hard search is performed.0
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