Credit check

This comprehensive credit report may contain information on the individual’s identity, credit score, number of credit enquiries in the last 12 months, and detailed information on every account or contract the individual has with financial services provider, telecoms and utility companies, which may include: • The total value of the contract; • Balance; • Arrears; • Delinquency Status; • Collaterals; • Payment Incidents; • Other individuals linked to the contract; • Fraud alerts; • Disputes; This credit report will also identify contracts where the individual is a guarantor for. The credit score included in this report has been developed to provide users with a single assessment of the individual. The score is represented by a number from 250 to 900 which is also accompanied by a risk grade ranging from A to E. Essentially, the higher the score the lower the risk. To interpret the score, the key drivers of the score are shown in a series of reason codes. The reason codes are frequently used in manual underwriting as an indication of the areas that require in-depth review. For companies looking to use the details in addition to the score, the report is structured so that all key information, in summary, is under a tab called the Dashboard. This summary is further enhanced with a series of traffic light indicators. For in-depth analysis, readers can navigate through section by section using the tabs specific to each section on the Dashboard. This approach using both the summary and detail ensures the report is suitable for both new and experienced underwriters.