What Is A Credit Check?
Performing a credit check enables product, service and solutions providers, along with individuals, detailed access to debt repayment history records.
Lenders and companies analyse this information to make informed decisions relating to credit arrangements, based on previous borrowing experience and credit management details recorded.
Credit reports can also provide essential information including an overall credit score and may be used for identity verification purposes.
A number of credit checks can be accessed including Experian and TransUnion.