Credit Reference Agencies

A Credit Reference Agency, also known as a Credit Reference Bureau, is a company that collects information from various sources, including banks and lenders, and provides consumer credit information on individuals in order to assess the individual’s credit worthiness, the behaviour of the individual in terms of repaying debts, the whereabouts of the individual and whether any County Court Judgments have been issued against the individual for debt owed.

It also registers data as to whether the customer is in default of their repayment obligations for a debt or whether they have been made bankrupt.

You can check your credit report for a small fee by contacting one of the credit reference agencies on the right hand side.