Eligibility Tools provided by Qualifi Solutions
Qualifi Solutions processes Credit Reference Agency data combined with your application data and supplied to MoneySupermarket.com and other data we hold to enable to the provision of an Eligibility score for certain loan products on MoneySupermarket.com.
What is a CRA
A CRA is a company that collects personal information from various sources and provides that personal information for variety of uses (including to prospective lenders for the purposes of making credit decisions).
How we and the CRAs will use your information is detailed in the section of the terms and conditions called “Use of Personal Information”. By clicking ‘Get results’ (on the MoneySuperMarket loan submission form) you are confirming that we may each use your information in this way.
Use of Personal Information
We will use CRA/s to provide us with publicly held data, including the electoral roll and shared credit performance data. If you have a financial associate their data may also be provided.
We will use the information provided to us by the CRA to help determine which products may be available to you. It is important to note that there may be other similar products available from the same Lenders that are not presented to you on MoneySupermarket.com.
When the CRA receives a search from us they will place a quotation search footprint on your credit report (‘Qualifi Solutions Limited’), whether or not you decide to apply for the product. This search will not be visible to Lenders and therefore cannot affect your ability to gain credit.
The information which we provide to the CRA may be supplied by them to other organisations such as Fraud Prevention Agencies and used by those organisations for the purposes of checking identity, preventing fraud, tracing and collection of debt.
If you choose to make an application for a product directly or through a Broker, it is likely that that the Lender and or the Broker will undertake a further CRA searches, but only with your express permission.
Details of Equifax, their role also as a fraud prevention agency, the data they hold, the ways in which they use and share personal information, data retention periods and your data protection rights are explained in more detail at www.equifax.co.uk/crain
Additionally, if you wish to obtain a copy of your credit report, contact:
Equifax PLC, Credit File Advice Centre, PO Box 1140, Bradford, BD1 5US or call 0844 335 0550 or log on to www.myequifax.co.uk
We may also use previous application data for statistical analysis to further maintain and enhance our Eligibility models to enable us to provide you with the most accurate score that we can.
You can contact Qualifi Solutions Limited at firstname.lastname@example.org