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Failed loan application. and actual processed credit application ...

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  • Apollo14LMP
    Apollo14LMP Posts: 57 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    edited 24 August 2021 at 12:29AM
    Cheers ... do you know if they search all past addresses and do they have access to every loan and card past and present... they refer to my older address from 2006 to 2016

    They are non transparent .. and some of their data is tosh !

    Thank you ... 
  • Cheers ... do you know if they search all past addresses and do they have access to every loan and card past and present... they refer to my older address from 2006 to 2016

    They are non transparent .. and some of their data is tosh !

    Thank you ... 
    They don't see every account you've ever had but at least one of the CRAs essentially holds all data from an account until 6 years past the account being closed/defautled.
  • Sandtree
    Sandtree Posts: 10,628 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    In addition to minor iteration differences I've found that if you are slow updating a bank of a new address etc then sometimes you see the records flip-flopping between the two as each bank gives its monthly updates.

    Whilst I understand the principle of wanting to see the information from the bank why have you not signed up for free access to your records with the respective CRAs (or their partner third parties) and looked to see the data directly? At least you could start understanding (and correcting if necessary) why the high count.
  • I have access to the free scoring record for the CRAs - Experian poor score same with Transunion UK  and good with Equifax for what those scores are worth - little from what I have read.
    From seeing the data sent to the bank - there is huge difference between the number of addresses shown on the free offerings compared to what is shown on the CRA submission to the lenders it seems.

    I am very keen to see what was written on the banks report as the document provided to me had huge chunks of redaction. It was clearly stuff they did not want me to see. When challenged they said its data referring to other parties. This is not the odd blanked out line but paragraph after paragraph ! so it is not for example someones name etc. Hence my desire to see what they had received. So it is now time to ask Equifax etc - they told me to demand it from the bank in a response to a formal complaint -- so on it goes.

    I am very keen to see what is actually on this report ! tonnes of redactions pages of it ! .... not obsessing over loan but want to see the data - what tosh do the CRAs actually share ?
  • I also snipped this ... cheek these people have .. they can shove their money sadly I need the bank account I have with them  and cannot bin them due to my score .....
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