Credit File with Adrian Davies

Which check is lender-focused?

• Credit File

• Affordability

• Creditworthiness

• Insolvency Register

Is automated ID&V check on Incuto?

• Hard search on credit file

• Soft search on credit file

• No credit file search

• It appears in alerts section on credit file

How should we report balance after member completed DRO?

• Default

• Account up to date

• Settled default

• Payment plan

How long CCJ stays on the member's credit file?

• 6 years

• 3 years

• as long as it is active

• forever

What is velocity?

• Credit card limit

• Withdrawing from credit card

• How quickly person gets to credit card limit

Credit Union loan acceptance rate is....than credit cards.

Would building savings influence your credit score?

• No but it will improve creditworthiness

• No

• Yes