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What is Crediva?
Crediva is a credit reference agency (CRA) with the main purpose of providing businesses with data across market sectors including communications, healthcare, insurance, and most importantly to us, financial services.
Although it doesn’t work on as large a scale, it is often used by credit checking websites – including Checkmyfile – alongside CRAs Equifax, Experian and TransUnion to provide consumers with detailed credit reports.
Companies and organisations across the UK use Crediva’s information for consumer identity verification, as well as fraud detection and anti-money laundering purposes.
Crediva provides its clients (often credit checking businesses) with information to determine the creditworthiness – i.e. how eligible a person is to borrow from lenders – of their customers, who are average people like you and I, looking to check their credit history.
The image above shows a sample credit report, which is what Crediva presents to its clients. It gives credit reporting websites (Checkmyfile) and other organisations an insight into how much of a risk a certain person is, in terms of borrowing and credit.
Checkmyfile is one of Crediva’s main partnerships, which gives its users a valuable insight into how they are viewed in the eyes of lenders, according to data from four credit reference agencies – Equifax, Experian, TransUnion and Crediva. The sample credit report shown above is an example of what Crediva would provide Checkmyfile with about an individual, including their personal details (name, date of birth, address), notices of correction, electoral roll information, and more.
As an individual consumer, you may want to take a look at the information that Crediva has about you, which can be viewed in its statutory credit report.
Individual Consumers – Crediva Credit Report and Score
Crediva is not only useful to businesses and organisations, but it also offers services to aid individual consumers who either:
- Want to see the data held within their statutory credit report
- Have been victims of identity theft
- Have been refused credit
What is a Statutory Credit Report?
Public sources and government organisations, including both the electoral roll and Registry Trust, hold information on you, which is then gathered and placed within a credit report. The data in that report can be obtained by registered and authorised credit reference agencies, which are able to use the information to provide credit-related services to clients.
Crediva obtains this information from the electoral roll and other government sources, as it’s an authorised CRA, and provides it to the credit-checking website CheckMyFile, which in-turn generates full credit reports.
Receiving Your Statutory Credit Report from Crediva
Your statutory credit report is available from Crediva and generally contains details of your credit history and other public records under your name, including the following:
- Your personal details
- Electoral roll registration
- Searches made for identity verification purposes in the last two years (available only to you and the Crediva customer who made the search)
- Any public records, court judgements, unpaid debts and bankruptcies
The information listed above is available to you within the statutory credit report and to authorised Crediva customers (often credit reporting businesses) to assess your credit.
If you would like to receive your statutory credit report form Crediva, you are (rather awkwardly and not very accessibly) required to request a copy by printing their application form, completing it and returning it to their address.
Alternatively, and far more easily, you are able to view the data held on you by Crediva online by signing up to use the free* Checkmyfile website, which displays not only the information from Crediva, but the three other large CRAs in the UK also.
Due to the rather inconvenient method Crediva offers you to view your statutory credit report, we recommend viewing your information through Checkmyfile as its official partner, where you receive in-depth information in a far more hassle-free way.
However, some people may simply want to receive their statutory credit report in isolation to view what information Crediva themselves hold, which can serve many purposes in itself.
You are legally allowed to view the information in the report from Crediva by applying for a statutory credit report, which provides you with the details held on you by the CRA, but is less in-depth than the full credit report from CheckMyFile.
The Crediva statutory credit report is a one-off report containing the data that the CRA holds about you that you’re legally entitled to view.
What is a Statutory Credit Report From Crediva Used For?
You are able to use your statutory credit report from Crediva to check that the information held on you is entirely up-to-date and accurate, which isn’t always the case. Occasionally, consumers find that they have been unfairly receiving poor interest rates due to incorrect information on their credit report – if someone has been wrongly noted as having court judgements against them, for example. You could also check for any financial associates that are out-dated or irrelevant, which may also negatively affect how you’re viewed in the eyes of lenders.
As your statutory credit report typically displays all credit accounts in your name, you’re able to determine whether or not you have been a victim of identity fraud. Finding out that someone may have taken your identity is bound to be worrying and frightening, so you should seek help from Crediva straight away, and they will be able to point you in the right direction.
Crediva's Credit Report
If you have any queries regarding your statutory credit report, you should contact the Crediva team using the contact information available on their website.
However, if you feel as though there is some incorrect information held about you on your report, you are not able to dispute or amend this data through Crediva; you are required to do so by contacting the council or government agency that provided the data to Crediva.
You can request that the government agency or council amends or deletes the inaccurate data, which can reportedly take up to six weeks to actually appear on the credit report itself.
However, if you simply want to update your name, address and personal details that are on the electoral roll, you can do so online via the government’s website.
Although Crediva offers an adequate statutory credit report for users looking for minimal data and details from just one CRA, the best way to view your full credit report from Crediva and other CRAs is by signing up to the Checkmyfile 30-day free trial.
You can find out more on how Checkmyfile works and how it uses the Crediva data by reading our full review here.
*Checkmyfile offers new customers a 30-day free trial, following which a £14.99 subscription fee is required, so simply cancel before the end of the trial if you’d prefer not to be charged.