Unrecorded Credit Search on Equifax

[telecomenginee]

Just checked my Equifax credit report online and on the 26/08/2010 there is an unrecorded search from a company called

UK Search Limited
www.uksearchlimited.com

As this is an unrecorded enquiry am I correct in thinking it will not affect my credit rating as it can't be viewed by other lenders etc...

What can this company see when doing an Unrecorded search?

[oscar]

Re: Unrecorded Credit Search on Equifax

As this is an unrecorded search, it will not be seen by other creditors, and will have no effect on your credit score as such. Remember the credit score on the CRA is only a guide as each company uses different criteria.

This type of search is used to check identity and address.

From the link you provided, it would seem that someone is looking for you (or someone with a similar name) to chase a debt.

[Never-In-Doubt]

Re: Unrecorded Credit Search on Equifax

Basically it will move to a section called Trace Searches which stay for 24 months - but only if they actually find you from the search, are you in debt with anyone that would warrant them searching you? if not then contest it with the CRA - I presume you're looking at Equifax here?

As oscar stated, it is only an unrecorded so no lender can see it but i'd be more concerned as to why a tracing agent is onto you..... ;Hmm

[telecomenginee]

Re: Unrecorded Credit Search on Equifax

I do have some debts from some time ago, although I moved without trace and was granted new credit facilities with no links to my bad past...there is no GAIN, Linked Adress or CIFAS information present on any of my credit files?

think i just need to sit tight and see what comes...I am waiting for a Dear....letter

[Never-In-Doubt]

Re: Unrecorded Credit Search on Equifax

I do have some debts from some time ago, although I moved without trace and was granted new credit facilities with no links to my bad past...there is no GAIN, Linked Adress or CIFAS information present on any of my credit files?

think i just need to sit tight and see what comes...I am waiting for a Dear....letter

I think you'll be ok - they tend to do annual tracer searches, so chances are they have searched you, found you but as data mis-matched, they will sweep past without picking you up. Thing is, they leave a record called "Trace Search" when they lock-on and as they have not done this, they are not 100% sure you are the same telecomengineer they want....

If anything changes or they do send a dear letter - come back here before doing anything lol

[telecomenginee]

Re: Unrecorded Credit Search on Equifax

Seems the search is unrecorded and it says "unclassified" not had any letters as yet so lets hope its a data mis-match

Found this interesting article surrounding tracing via Equifax..

New Recoveries Report provides greater insight into debtors’ current address and credit status

London, August 2010 – Leading consumer debtor and credit risk expert, Equifax, has enhanced its Debtor Management Solutions. A new Recoveries Report has been added to its Locate service giving collectors a unique insight into the credit commitments and behaviour of debtors.

The new Recoveries Report enhances the performance of collections activity by ensuring activities are properly focused” confirmed Dennis Sanford-Casey, Business Development Manager, Equifax. “We are also giving collectors the best possible insight into the financial status of debtors, so that the right collections strategies can be applied in every case.

The Equifax Recoveries Report enables users to trace and assess the financial position of a debtor in one search. By accessing consumer data at either the supplied or traced address, collectors are given a clear and accurate picture of a debtor’s financial position in order to identify the most effective collections strategy.

Online access to the Equifax consumer database also enables collectors to verify trace addresses in order to ensure that they are contacting the right individual.

Key consumer data included in the Recoveries Report includes Electoral Roll and Rolling Register information, Court and Insolvency data and details of searches conducted on a consumer’s credit file. For those users that are members of the Equifax Insight information sharing database, this data is also included.