Do some mortgage lenders use just 1 credit bureau?

[Ksmith32646]

Hi I want to apply for a mortgage and I have had payday loans in past

But they only show up on call credit and not experian or equifax.

I hear that nationwide only use experian so if they only use one bureau and payday loans

Don't show up then they can't effect my chances can they??

Can anyone help me with any facts on this situation?

[dx100uk]

not heard that one.

 

if they are not defaulted then shouldn't hurt you.

 

dx

[sequenci]

Nationwide absolutely only use Experian.

 

Credit agreements of any type would only have a potential bearing on a lendign decision if they are on your file.

[Ksmith32646]

So you talk from past experience

[sequenci]

Yes.

[Ksmith32646]

Ok thank you

[Jaclen2209]

Ok thank you

 

I have heard they are all checking all 3 credit reports experian, equifax and call credit/noodle. I have been looking to apply for a second mortgage and got this info from a couple of IFA people.

Good luck with it all

[sequenci]

When I was credit checked for a Nationwide mortgage a few months back they only checked on Experian. Of course, things do and may have changed since then.

[Ksmith32646]

Yeah I spoke to nationwide and that's what they said.

It's good cos most pdls use call credit to report apart from wonga lending stream and payday uk they are on experian