How Do I Interpret a Credit Check?

A Tenant Credit Check delivers an easy to understand set of indicators as to the existence, authenticity and credit worthiness of an individual.

Identity Check

The identity check results are delivered through an easy to understand Pass/Refer outcome and three digit profile.

The minimum requirement for a Pass is:

  • 2 Residency matches
  • 1 Identity match and
  • 0 Alerts

Anything less than 2-1-0 will result in a non-verified identity.

An alternative method of ID verification is add a scan of photographic identification such as a driving licence or passport. You can do this from your profile page.

Zero Matches

Sometimes a report shows zero matches of the individual to the address. This usually means the individual does not reside at that address or they have moved there so recently that records have not yet been updated.

Credit Score

The credit score is a numerical score between 0 and 500. It is calculated using a combination of factors such as payment history; the amount of debt the individual has and the length of their credit history.

The higher your score, the lower your risk profile to landlords and the more likely they are to rent to you. The scores are rated as follows:

  • 0-99 - Very Poor
  • 100-199 - Poor
  • 200-299 - Moderate
  • 300-399 - Good
  • 401-500 - Very Good

Electoral Register

This shows if you are on the electoral register and for how long at your current address. Details of the the report subject and associates on the electoral register at the address will be included if there are any matches.

The Tenant Credit Check only shows details of people who are on the open (edited) register, not details of the full register. If a person has opted out of the public electoral register, they will not be shown on a Tenant Credit Check.

You can find more details of the electoral register here:

https://ico.org.uk/for-the-public/electoral-register/

Linked Addresses

The report will attempt to find addresses linked to the report subject such as previous addresses.

Linked addresses are all the addresses that you or any of your financial associates have lived at and where you have taken out a credit agreement. Past and present addresses become linked when:

  • You have provided a company your current and previous address and they do a credit search against both of them.
  • You tell a lender that you've moved, the next time they update your account information they will link your current and your old address
  • Linked address information remains on the credit report indefinitely

Court and Insolvency Information

Details of any bankruptcies, insolvencies or County Court Judgments (includes CCJ or IVA). These stay on your credit report for 6 years.

CCJs are given type codes so you can tell what they are for:

Code Description
ADO Administration Order
BKY Bankcrupty Order
CD Court Decree (Scotland)
CJ County Court Judgement (England, Wales and Northern Ireland)
CJP County Court Judgement Paid
DAS Deed of Arrangement
DRO Debt Relief Order
PTD Petition for Discharge of Sequestration
SQA Sequestration Actioned
VAR Voluntary Liquidation

Notice of Correction

This is a statement that explains information on your credit report that you believe could give lenders a misleading impression and you would like them to consider when you make future credit applications.

More help: Your Profile