What does 'cifas' do? as a financial company ?

Credit Industry Fraud Avoidance System.

There are different levels of warning that can be attached to your file.

Don't know what those are off the top of my head though. But i believe some are when people alter their name or date of birth to get credit.

Not sure if it also indicates if somebody has used your details or similar.

I was told i had a Cifas warning on my file back in the mid ninties and it was because the date of birth was incorrect on a finance application, at least that is what i was told by General Guarantee.

if you have ever been a victim of fraud, they advertise you as a convicted fraudster to everyone...if your credit file is out of date, you are again guilty of fraud

...thats what they do effectively

The_Boss wrote: »

I have a cifas marker on my file for someone hacking my online banking in August and spending money on my account. How long does it stay on for?

as long as they feel like it...you are now a criminal to the financial institution...no trial, no proof

jeystone wrote: »

as long as they feel like it...you are now a criminal to the financial institution...no trial, no proof

rubbish.

There are numerous CIFAS markers depending on the issue.

0 Protective Registration -- Recorded at the request of the person named.

1 False Identity Fraud -- Use of a false name with an address.

2 Victim of Impersonation -- Use, by another person, of this name and/or address.

3 Application Fraud (Facility Granted) -- Use of name reasonably believed to be genuine, but with one or more material falsehoods in personal details or other relevant information -; the facility was granted.

4 Application Fraud (Facility Refused) -- Use of a name reasonably believed to be genuine, but with one or more material falsehoods in personal details or other relevant information -; the facility was refused.

5 Conversion -- Conversion (disposal or sale) of goods (to which the hirer/buyer does not have title) under a hire purchase, conditional sale, contract hire, leasing or rental agreement.

6 First Party Fraud -- Opening an account or other facility for a fraudulent purpose, or the fraudulent misuse of an account or facility.

7 Aiding & Abetting -- Aiding, abetting or assisting, or conspiring with, another or others to fraudulently procure credit, or other facilities, or hire products or services.

8 Insurance Claims Fraud -- The making of a claim(s) under one or more insurance policy (ies) with one or more material falsehoods or by presenting a false or forged document.

The time it stays on depends on the above but most are a minimum of a year.