Lender never ever asks for ID!

EarthBoy

emperormessia said:

does anyone here ever get IDed? I applied for credit Saturday/ Sunday and Today none even asked for ID how is that possible?

This is pretty standard now, and if you don't pass, you would then be asked for identification documents

Do you not think it It worrying all that needed is my name, dob, address 

emperormessia said:

It would be more disturbing if you were asked for ID, as it means you're at firmly at the dodgy end of the risk spectrum. 

Personal opinion I would rather be asked for ID especially during the onboarding similar to chase/ monzo with selfie verification. 

I gave it a second thought all I needed was my name, dob, address and some employment history to get £4k credit card not even one lender but 3, I have managed to get over 11k in credit with just that ? 

I appreciate everyone input though but I will be leaving a notice of correction on my credit file to ask for ID from now 

If it worried you that much, why did you do it?  You could have cancelled your applications before you completed them.  Even now, you can cancel the cards if it makes you uneasy.

elasto

emperormessia said:

I gave it a second thought all I needed was my name, dob, address and some employment history to get £4k credit card not even one lender but 3, I have managed to get over 11k in credit with just that ? 

If they tried to apply in your name but not to the address held on file by the CRAs that'd certainly trigger a hard id check. 

And if the address matched but wasn't on the electoral register I'd expect they'd likewise engage in further checks.

Given that, it's more just a question of if they could actually do anything much with the theoretical credit obtained before the welcome letter, PIN & card arrived at your house, awaking you to the fact that someone had taken out credit in your name.

Many accounts require you to have the card in your physical possession before it can be activated. Things like balance transfers can probably be triggered before that, but they still take days to process and obviously result in a strong data trail.

emperormessia

If it worried you that much, why did you do it?  You could have cancelled your applications before you completed them.  Even now, you can cancel the cards if it makes you uneasy.

That would be unwise cancelling credit card application after a credit check is a bad idea , it silly does not even make sense

emperormessia

Given that, it's more just a question of if they could actually do anything much with the theoretical credit obtained before the welcome letter, PIN & card arrived at your house, awaking you to the fact that someone had taken out credit in your name.

Many accounts require you to have the card in your physical possession before it can be activated. Things like balance transfers can probably be triggered before that, but they still take days to process and obviously result in a strong data trail.

I applied for certain credit card not long ago, (won’t name them for any obvious reasons) I wasn’t sent any pin, no letter nothing the pin was set up during onboarding I had the option to add card to my online wallet and spend immediately just needed to use chip and pin physical card later 

elasto

emperormessia said:

Given that, it's more just a question of if they could actually do anything much with the theoretical credit obtained before the welcome letter, PIN & card arrived at your house, awaking you to the fact that someone had taken out credit in your name.

Many accounts require you to have the card in your physical possession before it can be activated. Things like balance transfers can probably be triggered before that, but they still take days to process and obviously result in a strong data trail.

I applied for certain credit card not long ago, (won’t name them for any obvious reasons) I wasn’t sent any pin, no letter nothing the pin was set up during onboarding I had the option to add card to my online wallet and spend immediately just needed to use chip and pin physical card later 

Maybe there are further hidden checks when you try to add the card to Google Wallet or Apple Pay.

eg. Maybe if this card doesn't match other names & addresses in your e-wallet (or it's the first card to be added) then Google/Apple tell the card company 'hey, maybe you should go some do additional id verification here'. They could do this without breaking any data protection rules.

Or maybe if you try to make a big purchase online before the physical card arrives in the post it triggers the card being frozen pending an additional id check.

Overall I think you're probably over-thinking things here.

Sure, fraud happens every day. But it's much less in a bank's interest to be defrauded than it is in yours: It's mostly a PITA for you; For them it's a PITA plus a loss of thousands of pounds.

So, given that it'd only cost a pound or so at most for a company to do a formal ID check, fraud rates must actually be much lower in practice than you seem to be fearing - probably due to the hidden cross-checking going on unnoticed from info you put in your application (eg. stuff like the date you opened your high street bank account and the date you moved into your property...)

horsewithnoname

Well if it’s any help I’ve just had to enter my income and employment details in order to get into the app for one of my cards “security” being the totally spurious reason given, and for another I need to now enter my pass number because Face ID isn’t enough. 

If they actually stopped criminals I’d give way, but it just seems to inconvenience me🤬

Chrysalis

They do risk assessments on every application (largely automated), if flagged as a high enough risk they might ask for it.  (Possible they also do it randomly on a small % regardless of risk score).