Just how many secret credit agencies are there?

[The Debt Star]

It looks as if N Hunter exist for fraud checking purposes and are not a secret CRA then? If, as they state in their response to the SAR, they only hold data on credit applications made and not individuals' credit histories etc, it would make sense for banks to use them as part of their data protection checks. So maybe not as sinister as it would at first appear. Certainly these companies using data have the potential to be put to sinister uses though and clearly there is the sense that such organisations are being kept deliberately low profile. One has to ask why.

 

This was a good thread and it is a shame it was spoilt.

[The Debt Star]

I do not think N Hunter stores any credit information, only if you have applied for a loan or mortgage, they keep some data, but not information to payment history.... which you have got to ask, why even have them then? They process 100,000 applications per day or week? So I am assuming that any mortgage or loan application is processed at some point through them and if any information differs to what they might have, then it is flagged? Who knows..... I'd imagine, the only reason you are on n hunter is because you are a fraudster??

 

Yes that seems to be the purpose of the organisation, as a data protection filter for the banks. I think somewhere said earlier that Hunter was a software programme, so it has a specific purpose.

Still,this has been a useful thread in identifying this aspect of data usage. Highlights the need imo for greater regulation of data usage, if only to clarify what is going on and who is involved.