Do banks check your credit file before sign the contract?

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7of9 replied

31 March 2011, 08:49
Originally posted by SueEllen View Post

If you haven't checked your credit file for a while then you should check it. Mainly to sort out problems such as mistaken names and mobile phone companies screwing up your file.

thanks Sue. you are right. I should always make sure there is no mistake on my credit file. no harm checking as some credit agency have free trial
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7of9 replied

31 March 2011, 08:48
Originally posted by pastalista View Post

Two of my good friends work for banks; one for Santander and one for Visa. Both organisations credit checked them. The one working at Visa has a couple of CCJ and defaults on his file but all they asked him to do was to explain them. He did this and they seemed to accept it.

Good luck

Thank you pastalista. I asked the agent and he said it wont affect the contract even one's credit file is not 'perfect'.
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pastalista replied

30 March 2011, 23:17
Originally posted by 7of9 View Post

Hi All,

For my current role, I had to pass the security check. What do banks/IBs check now days? Will they check your credit file?

My friend’s friend got a job(not in IT) with Loyals TSB. He got rejected because he got a default on his credit file.

Do they do the same for IT contractors? If so, shall I check my credit file first? Will defaults on the credit file be a problem?

Two of my good friends work for banks; one for Santander and one for Visa. Both organisations credit checked them. The one working at Visa has a couple of CCJ and defaults on his file but all they asked him to do was to explain them. He did this and they seemed to accept it.

Good luck
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SueEllen replied

30 March 2011, 11:35
If you haven't checked your credit file for a while then you should check it. Mainly to sort out problems such as mistaken names and mobile phone companies screwing up your file.
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Hex replied

30 March 2011, 11:29
Hi All,

For my current role, I had to pass the security check. What do banks/IMs check now days? Will they check your credit file?

Probably

My friend’s friend got a job(not in IT) with Loyals TSB. He got rejected because he got a default on his credit file.

Do they do the same for IT contractors? If so, shall I check my credit file first?

Up to you - do you think you need to?
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7of9 started a topic Do banks check your credit file before sign the contract?

30 March 2011, 11:01
Do banks check your credit file before sign the contract?

Hi All,

For my current role, I had to pass the security check. What do banks/IBs check now days? Will they check your credit file?

My friend’s friend got a job(not in IT) with Loyals TSB. He got rejected because he got a default on his credit file.

Do they do the same for IT contractors? If so, shall I check my credit file first? Will defaults on the credit file be a problem?

Last edited by 7of9; 30 March 2011, 11:35.
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