Credit Reporting Code

Violation of the Credit Reporting Code is a violation of the Data Protection Act and it is therefore important that all credit reporting system members have policies and processes in place to assure their adherence to the Credit Reporting Code. Credit Reporting Code was drawn up by the Australian Retail Credit Association in collaboration with industrial and user groups.

You can find a copy of the Credit Reporting Code here.

U on your credit reports?

A number of things make you want to keep your credit reports under regular review. What are the main advantages? Creditors verify your credit record when you are applying for credit, employer can ask you to refer to your credit record for an interview, and it is a good way to detect early detection of scams. What do the numbers, characters or icons on your credit reports mean?

In the UK there are three credit bureaus - Experian, Equifax and CallCredit. Every credit bureau can store different information about you - so you should review all three on a regular basis. There may also be differences in the way credit bureaus present this information. So, what do these deeds actually say about you and your credit record?

How can I view my reports? After a 30-day free evaluation period you can purchase a free Experian or Equifax account for £14.99 or £14.95 per month. It gives you easy and comprehensive credit information whenever you want. Don't forget, as it is your lawful right to verify your credit reports, all three credit bureaus are offering a lawful review for £2.

They give you a fundamental look at your credit histories. Note only that when you use these reviews, you will see ads for credit card or debit transactions, but you are not required to remove them.