
Do all credit providers that I make applications to check my file?
Not in all cases.
However, most credit providers have a credit checking process in place when considering applications for credit or supplying goods and services where payment is deferred. A credit check helps to ensure that their credit decision is sound before approving or declining an application for credit.
All credit providers need to be assured that before offering credit that the applicant has a good credit history and has the ability to manage their credit exposure.