Lenders must verify the identity of applicants and establish some basic facts about the applicant’s finances. The information collated about you by Callcredit enables them to lend responsibly and to help to avoid applicants becoming over indebted. They use Callcredit to help them do this. They check your credit history to establish if your previous credit agreements have been repaid on time and to check your current financial commitments. This assists them in establishing whether the additional credit you are applying for would cause over commitment. They also need to fulfil their legal responsibilities and comply with the Money Laundering regulations. They also check the files of Callcredit to help them identify fraudulent applications.



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