salsa-king

can an ordinary person (like myself) get someone credit checked?

where?
how much does it cost?

i hav a property i will be renting out soon and wondered if it would b an idea to check any prospective tennants out for creditability???


any ideas anyone?

Phil

davefromevonet

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:<HR>Originally posted by salsa-king:
<B>can an ordinary person (like myself) get someone credit checked?

where?
how much does it cost?

i hav a property i will be renting out soon and wondered if it would b an idea to check any prospective tennants out for creditability???


any ideas anyone?

Phil

[/quote]


easier than that,ask for a reference from their bank and also ask to see a credit card for ID.

scoobyboy

write off to experian enclosing a cheque for 2 pounds and they should send you the credit file you want which will show you any credit aggrements they have entered in to if they have missed any payments or if they have any ccj's against their name.

experian
consumer help service
po box 8000
nottingham
ng1 5gx

or go to the website at

matt.bowey

You need to write to Equifax as well as Experian as they hold different stuff. Not sure that they will give out other peoples info though?

Again a £2.00 cheque is required.

Equifax plc
Consumer Response Centre
Department 2E
PO Box 3001
Glasgow
G81 2DT

Its worth having a look at your own files. Just got a copy of mine.....riddled with errors!!!!

salsa-king

thanks lads

experian is in Nottm city, so not far.

i'll do it.

Phil

tommy m

PHIL you have mail tommy.

ca

Surely you can't just write to Experian and ask for the credit file for a given person?

C

huggy bear

you can only get a report sent to the address in question.

Dave P

Wow....... that's all a bit big brother isn't it.

I can appreciate the need for finance companies to credit check, but the thought that Joe Bloggs could get a full credit history on myself I find all together disturbing.

Dave

mook

You can only get a copy of your own credit report I belive. I checked mine with Experian and it was in error, so I'd definately get your own checked out.

Here's an idea &gt; for letting the house, set yourself up as a limited company. That way I'm sure there'll be a way to do a credit check via Experian / Equifax.

salsa-king

omg!
how do i set up a Ltd comp?

i hav now a house that i rent out already and now soon to rent out the 'Penthouse studio appartment' in Nottm!

does it come expensive to b Ltd?
advantages + disadvantages?

at the moment i'm PAYE and pay the extra tax on the rent from the house straight out of my 'wage packet'


Phil

mook

I'm not 100% sure but I think if you bung the bank a coupla ton they'll sort out what you need.

ASAIK, the advantages are you get to pay business tax, instead of income tax, and if you do things right you can end up with zero profit and no tax at all. Very advantagous if your in the higher rate tax band.

Disadvantages, my guess would be the admin involved, might be a bit tricky to get on top of initially.

I'm afraid I don't know all that much about it as I've not done it myself, but a friend of old informed me once that for the sake of the setup cost and admin, it worked out much better than being classed as 'self-employed' or simply having a 'second income'.

HTH

salsa-king

its all over mi ed now m8!

Phil