When two people apply for a joint account (e.g. joint mortgage or loan) the lender will perform a joint credit search. This joint search will normally create a financial association between the two applicants on the database. This association will link the credit files of those individuals in the future. A transient association is a relationship between two or more applicants that does not indicate a permanent financial association, such as two or more students applying to rent a household appliance together. The lender can inform Callcredit during a credit search made in joint names (using the transient association flag) that an association is classed as transient using this field. This indicates to us that a permanent financial association should not be created from the joint credit search. If the transient association field on a search record is ‘Yes’ this indicates that the financial association is transient and therefore no permanent association was created on Callcredit’s database using this search.



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