Sentences with phrase «reference agency the lender»

However, you are still only legally entitled to receive the name of the specific credit reference agency the lender consulted.

Not exact matches

While we do consider same day loans for individuals with bad credit, as a responsible lender, we work with credit reference agencies such as Lending Metrics and Equifax to run credit checks to better understand a customer's suitability for a loan.

Hard pulls occur when the lender goes to a referencing agency to check your creditworthiness and the lenders will tend to go to the same few sources (and won't tell you who they use) so applying for lines of credit on the same day won't work.

During a credit search, credit reference agencies will give lenders information about your credit history based on your name and address.

Please note that credit reference agencies can not change your credit record unless they receive a formal request from your lender.

If you can't resolve the problem with the lender directly you can contact the credit reference agency.

Details will stay on the credit reference agency's files for six years from the date the «default» was registered which could be the date of a repossession order or when you handed the keys in to your lender.

They can look at issues such as why a lender or credit reference agency has not corrected information on your file, or where a credit reference agency has refused to add a notice of correction.

The credit reference agencies can not offer an opinion to lenders on your «creditworthiness» - they only pass on factual information about your borrowing history.

If you have been refused credit, then you should ask the lender which credit reference agency was consulted and whether the credit reference agency's information was the reason for the decision.

Much of it's because lenders don't want it understood, and credit reference agencies want you to think it works a certain way so they can sell you extra products based on your fear.

You'll be told by the lender which credit reference agency it used to assess your info, so focus on that one.

Therefore, as well as the credit reference agencies, lenders also use completely separate anti-fraud agencies to try to weed out problems.

The three UK credit reference agencies compile information, allowing them to send data on any UK individual to prospective lenders.

Further, by registering at RMCN Credit Services the Registrant is consenting to receive phone calls from RMCN Credit Services, its affiliated sites, and its business partners for contact via telephone, including but not limited to lenders that may contact the Registrant regarding credit counseling and thereby Registrants waive their right to file a claim with the FTC or any other agency in reference to these calls or contacts.

Experian, Equifax, and TransUnion, the three major credit - reporting agencies in the U.S., produce credit reports on individuals for lenders to use as a reference.

WORK EXPERIENCE February 2007 — Present Shylock Lenders Credit Coordinator • Process credit applications • Field telephone calls and release orders • Develop bank and trade reference letters • Resolve past due issues • Obtain financial and demographic information • Follow up on delinquent accounts • Make recommendations on uncollectable accounts and inform outside collection agencies