| Your
application will be submitted to our panel of finance companies as required
by ourselves to obtain finance for you. Your finance proposal will be
submitted to the relevant finance company, in assessing your application,
the finance companies will make enquiries about you including searching
your records held by Equifax Plc and/or Experian Ltd (or any other credit
reference agency from time to time) and checking your details with CIFAS
and/or HUNTER (or any other fraud prevention agency from time to time).
The credit reference and fraud prevention agencies will each keep details
of any search. This information may be used to help finance companies
and other organisations assess the financial risks of dealing with you
and other members of your household, to help make decisions on insurance
proposals and insurance claims, to administer agreements with you, to
help prevent or detect fraud or other crimes and recover debts and for
statistical analysis about credit and about insurance and fraud. If
you give false or inaccurate information and fraud is suspected then
this will be recorded. The finance companies may use a 'credit scoring'
or other automated process in deciding whether to accept your application.
This may involve searching your records again at one or more credit
reference agencies (who will keep details of the search) as well as
using other information they hold about you. |