Credit Reference Agencies exist to provide lenders with an accurate, fair and balanced view of a consumer’s Credit Report.
The information provided to lenders by Credit Reference Agencies is used alongside the lender’s own checks when deciding whether to approve an application for credit.
As the data shown in your Credit Report is used during this decision making process, it is important for you to check your own Credit Report and ensure that all details are correct. If you notice anything incorrect on your report it may be worthwhile raising a dispute, as this could have an adverse effect on your Credit Score and any applications you make.