Checking credit rating
Discussion
You probably opted for one of their chargeable services. Their Credit rating thing is definitely 100% free.
eta: Their site says "You'll just need to provide us with a few personal details and answer a couple of questions about your financial history so we can find your report.
Your address. You'll need at least three years of address history and to have financial accounts such as a credit card, loan, mortgage accounts linked to your current address.
A debit or credit card. We only use your card to securely identify you. You won't be charged."
eta: Their site says "You'll just need to provide us with a few personal details and answer a couple of questions about your financial history so we can find your report.
Your address. You'll need at least three years of address history and to have financial accounts such as a credit card, loan, mortgage accounts linked to your current address.
A debit or credit card. We only use your card to securely identify you. You won't be charged."
According to their website:
noddle said:
It's quick and easy to get your free credit score and report from Noddle.
You'll just need to provide us with a few personal details and answer a couple of questions about your financial history so we can find your report.
Your address. You'll need at least three years of address history and to have financial accounts such as a credit card, loan, mortgage accounts linked to your current address.
A debit or credit card. We only use your card to securely identify you. You won't be charged.
I use noddle and get an updated credit report each month. I have never been charged.You'll just need to provide us with a few personal details and answer a couple of questions about your financial history so we can find your report.
Your address. You'll need at least three years of address history and to have financial accounts such as a credit card, loan, mortgage accounts linked to your current address.
A debit or credit card. We only use your card to securely identify you. You won't be charged.
eybic said:
I don't think they're a "fly by night" company so if they say they wont charge, you can be pretty certain that they wont.
They're part of Callcredit, one of the big credit reference agencies. There is value in checking once in a while, I had a bizarre 'financial relationship' with an ex-house mate from more than a decade previous, plus also had a missed payment showing on a credit card (the card was mine, but paid by an old employer, who also happened to be the same bank - and we'd fallen out when I left - ultimately went to the ombudsman). REALIST123 said:
Just why should we all 'check our credit score occasionally'?
The other thing that's happening is that we're giving them a lot more of our personal info which they 'will' then share with banks and anybody linked to companies doing a credit check.If you're going to use a lot of credit then I guess it makes sense but otherwise I wouldn't personally do a credit check on myself unless I felt something was wrong.
eybic said:
REALIST123 said:
Just why should we all 'check our credit score occasionally'?
To make sure nobody else is doing stuff with your credit file.i have been linked over the years (since they came in) with the ex-wifes new husband (who had a s
t credit score) and it caused me issues opening a bank account.someones address who had the same surname and was a discharged bankrupt, nothing to do with me.
and oddly an address which is business premises owned by vodaphone, who i have never worked for and never had a contract with.
odd things get linked, or perhaps I am odd and get linked with people
They ask you for financial information because this is one method they use to validate their own data which they then sell on, so the more accurate it is the more it is worth . . . hence asking you to do their job for them (checking and validating it once a month) to increase the value of their asset. It's all a basic con.
If you pay them for alerts or any other data on a monthly or annual basis then you're paying them to maintain your data for you but you're doing the work . . . and you shouldn't even want the data to exist in the first place !!
If you pay them for alerts or any other data on a monthly or annual basis then you're paying them to maintain your data for you but you're doing the work . . . and you shouldn't even want the data to exist in the first place !!
George111 said:
They ask you for financial information because this is one method they use to validate their own data which they then sell on, so the more accurate it is the more it is worth . . . hence asking you to do their job for them (checking and validating it once a month) to increase the value of their asset. It's all a basic con.
If you pay them for alerts or any other data on a monthly or annual basis then you're paying them to maintain your data for you but you're doing the work . . . and you shouldn't even want the data to exist in the first place !!
This. You said it better then I did.If you pay them for alerts or any other data on a monthly or annual basis then you're paying them to maintain your data for you but you're doing the work . . . and you shouldn't even want the data to exist in the first place !!
REALIST123 said:
Just why should we all 'check our credit score occasionally'?
To see who else has been checking on us. Each of the agencies maintains a list of searches against your file, which you can see when you check yourself. If you don't recognise any of the searches, it may be because someone else is trying to assume your credit identity for fraudulent purposes.
It's also useful to be able to see that all the information held is correct, and to make corrections when it isn't.
nikaiyo2 said:
Clearscore is better than noddle, IMHO.
Clearscore appears to be a new credit reference agency (based on Companies House, Data Protection Register and WHOIS records). In their case, I suspect you really are filling their database for them.Edited by marshalla on Friday 15th January 15:52
eybic said:
REALIST123 said:
Just why should we all 'check our credit score occasionally'?
To make sure nobody else is doing stuff with your credit file.When checking mine recently, I noticed a change of name at a previous address where I have recently moved from, Turns out that the previous occupier is on the fiddle, taking on the identity of other people and running up credit in their name. I'm still not 100% sure how the name change has been applied retrospectively to electoral role data, but the relevant people are dealing with it. Some poor dude at the other side of the country is in for a shock the next time they check theirs or apply for credit.
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