To validate if you are an existing customer (which may affect whether you can be accepted for one of their cards) In certain instances your data will be shared with lender(s): The CRA may also use the data to undertake statistical analysis. The information which we provide to the CRA may be supplied by them to other organisations such as Fraud Prevention Agencies and used by those organisations for the purposes of checking identity, preventing fraud, tracing and collection of debt. This search will not affect your ability to gain credit. When the CRA receives a search from us they will place a quotation search footprint on your credit report, whether or not you decide to apply for the product. It is important to note that there may be other products available from lenders who are not represented by this service. We will use the information provided to us by a CRA to help decide which products may be best for you. If you have a financial associate their data may also be provided. We will search CRAs who will provide us with publicly held data, including the electoral roll and shared credit performance data.
By confirming your agreement to proceed you are confirming that we may each use your information in this way.
How we and the CRAs will use your information is detailed in the section of the terms and conditions called “use of personal information”.
A CRA is a company that collects personal information from various sources and provides that personal information for variety of uses (including to prospective lenders for the purposes of making credit decisions). In order to find the most suitable product for you we may use the information held at credit reference agencies (CRAs). The Eligibility Tools are provided to Money Guru Limited by Experian Terms & Conditions
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