Credit reference agencies Sample Clauses

Credit reference agencies. 5.6.1 If you have fallen behind with payments and the amount owed is not disputed, and proposals we are satisfied with are not in place following our formal demand, we may provide information to credit reference agencies about the debt you have with us. 5.6.2 If we decide to provide your details to credit reference agencies, we will give you at least 28 days’ prior notice. When giving you notice, we will confirm what information we plan to provide about the debts you owe us, the role of credit reference agencies and the effect the information we provide may have on your ability to obtain credit in the future. 5.6.3 We may give credit reference agencies other information about the day-to-day running of your account.

Credit reference agencies. We may obtain information about you from credit reference and fraud prevention agencies and our records to check your credit status and identity that will include checks on the electoral register. The agencies will record our enquiries which, whether this application proceeds or not, may be seen by other companies who make their own credit enquiries. We may use credit scoring. Your information may already be linked to others with whom you have a financial association and your application may be assessed using credit reference agency records. A financial association is with others with whom you have or have had a joint account or have jointly applied for credit or have declared to be linked financially. All parties’ information will be taken into account in future applications until one of you successfully files a ‘notice of disassociation’ at the credit reference agencies. You can however choose to be treated as financially independent of any person (except for another party to this application). If you do so, by signing this Agreement you declare that you believe your associate’s finances will not affect our decision and agree that we may check your declaration. We may decline your loan application if we find that your declaration is inaccurate. If you want to be treated as financially independent for this application, please call ▇▇▇▇ ▇▇▇ ▇▇▇▇ to proceed with your application. If you give us false or inaccurate information and we suspect or identify fraud we will record this and may also pass this information to fraud prevention agencies and other organisations involved in crime and fraud prevention.

Credit reference agencies. Your information may be linked to, and your application assessed using credit reference agency records relating to anyone with whom you have a joint account or similar financial association.

Credit reference agencies. I acknowledge and confirm that I am aware that, in considering my application, a credit report is obtained and considered. I acknowledge that I have the right, on request, to be informed of what information is routinely disclosed by CCB (Asia) to credit reference agencies or debt collection agencies and be provided with further information to enable me to make an access and/or correction request to the relevant credit reference agency and/or debt collection agency.

Credit reference agencies. The Seller consents to LCS Financial Services: making enquiries about its credit records with any credit reference agency and any other party to confirm the information provided by the Seller; providing regular updates regarding the Seller to the credit reference agencies and allowing the credit reference agencies to in turn make the record and details available to other credit grantors; and listing the Seller’s details with any credit reference agency should the Seller default on its obligations to LCS Financial Services. THUS DONE AND SIGNED AT ________________________ ON THIS ________ DAY OF __________________ 20___ AS WITNESSES:

Credit reference agencies. 18.1 We will search your record at credit reference agencies (‘CRAs’) when considering your application. We may share your private information with CRAs to verify your identity and eligibility for a credit card account or as part of our fraud prevention measures. CRAs use information from a number of different public sources (for example, the Electoral Roll, County Court Judgements and bankruptcies), as well as information from other banks or lenders on how you manage your other banking or credit arrangements. When you apply for credit, we may use details of your credit history to assess your ability to meet your financial commitments. 18.2 CRAs will record details of your application and our search which will form part of your credit history. They will do this whether or not you proceed with your application. These details will be seen by other organisations that examine your record. Records relating to one or more of your partners may already be linked to your record and we may consider such ‘associated’ records when considering your application. 18.3 In Term 24.2, we outline what you should do if you get into financial difficulties. We will give you at least 28 calendar days’ notice before we disclose information about any default (which is not being disputed) by you to the CRAs. We may give you this notice at the time we take formal action against you. This will give you at least 28 calendar days to try to repay or come to some other satisfactory arrangement with us before we pass your default information to the CRAs. If we do disclose your default information to the CRAs, this may affect your ability to obtain further credit. 18.4 If you ask us to provide a credit card to additional cardholders, an ‘association’ linking your financial records with those of your fellow applicant(s) may be created by the CRAs. This will be entered into each of your financial records until one of you successfully applies to the CRAs for a disassociation. 18.5 We will regularly update the CRAs with details of the status of your account (including the outstanding balance), whether you have made or missed your repayments, details of any defaults (Term 18.3 sets out when we will tell CRAs about defaults), any changes to your personal data and any special circumstances that apply to your account such as whether you have entered into an arrangement with your creditors. These details will be added to your record. 18.6 If you ask, we will tell you which CRAs we have used so you ...