I've never applied for credit so do I have a Credit File?

Are you wondering if your credit file exists without ever actually applying for a loan or credit card? Many consumers are in the same situation and don’t know whether they have an active credit file or not. It is important to know what is included in your credit records, as this information can affect things like getting a cell phone contract or even renting an apartment. In this blog post, we’ll take a closer look at how you can check your current status and explain why it’s essential to do so.

When a credit reporting agency, like Equifax, Illion or Experian first receives information regarding you–like an application for credit, your business directorship records or default judgement evidence–they will then create and store it in a confidential file.

Don’t forget, banks and financial institutions aren’t the only sources of credit. Companies that offer payment terms of at least seven days can also provide you with credit, such as mobile phone companies, electricity companies or gas suppliers. They are allowed to access your credit file if they need additional information in order to assess your request for their services – but only when you give them permission.

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