Credit Reference Agencies
There are three main credit reference agencies which hold your information and creditors will refer to them when they receive a credit application from you.
Consumers can access their statutory credit reports online from Experian, Equifax and Transunion (formerly Callcredit) giving victims of ID fraud and the financially vulnerable, free and immediate access to their accounts.
When you miss payments to your debts this will affect your credit rating and can make it much harder to receive further credit in the future.
What is a credit file?
What information is held on my file?
Your credit score
The myth of a blacklist
Despite common misconceptions from a few consumers there is no such thing as a blacklist on either an individual or a property. It is down to the lender to make an informed choice based on the information held on your credit file and using their specific criteria to decide whether to lend you money.