Who can see my credit data?

2min read
Posted 10 April 22

Your credit data is personal financial information that can be accessed only at the request of certain people or businesses. These include specific agencies, such as banks, credit providers, utility companies, and authorised individuals, such as landlords, employers, and private lenders. 

However, a request to look at your credit data doesn’t usually come out of the blue. When you apply to borrow credit or take out a credit card, you request access to a certain borrowed amount. Your credit provider will look into your credit history to find out whether you can repay what you borrow. Making this request often gives credit providers the only authorisation they need to run a credit check on you.

Employers, landlords and other services may also decide to run a credit check on you, although they don’t have to do so to approve you.
 

Check your agreement.

If you’re beginning a new credit agreement or applying for credit, make sure to check the details of your arrangement. Applying for a credit amount is called a credit enquiry, which you can find out more about in the yo-library, glossary or on your Yonda credit report.
 

Public information.

Your full credit report notes publicly available details, such as declared bankruptcy, judgements, or insolvencies. Actions like these are made public to protect anyone who might deal with you financially, so they know your situation beforehand.
 

Yonda and credit reporters.

Credit report providers like Yonda are authorised to handle your credit data but don’t consider it a credit application. That means there’s no effect on your score, and you can check on your credit history at any time for free.


 

Stop! Disclaimer!

Info and tools on the Yonda website are to be used as a guide only and do not constitute financial advice. Use Yonda as a starting point and then seek professional advice.