Royal Mail Postal Redirection On Credit File

System

Somerset_La_La_La wrote: »

To confirm - the report lenders see does flag up Royal Mail Redirections as part of the credit report output.

I assume it varies by company (e.g. it's probably a paid for extra, so maybe some lenders won't use it) and where it is used, company decisions vary.

E.g. flags up in a mortgage application - certainly question why, we want to know your actual address for AML reasons, not where your credit is (although we need that too!)

Unsecured credit - make a note of the address, search both addresses, dispatch credit card anyway?

I'm not sure whether ticking the marketing opt-out box would actually have prevented sharing to CRAs - can RM share it on fraud prevention grounds or similar?

I had a redirect all throughout University and it caused issues at a couple of lenders but certainly many didn't seem to know/care

I would gather than you didn't tick the non-share option.

In those circumstances, the Royal Mail will only share in very specific circumstances (e.g suspected fraud) and only on request.