Equifax can be used by specific P2P loan providers, also RateSetter and you will Zopa
The credit referencing company possess skills in the income and you can the debt membership. This info can prove so you’re able to lenders you cannot afford so you’re able to shell out.
And additionally, your creditors is able to promote a fair fees bundle once they know that you’re in economic difficulties.
Suggestions stored from the Equifax can be used to verify that your is defaulting on your costs somewhere else, otherwise only with you to collector. It may also show while you are making an application for even more credit somewhere else. Continue Reading